£582,913
This estimated value is based upon the latest sale price for the house of £345,000 on 19 Apr 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 19 Apr 2013 |
| £285,000 | 21 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in April 2013 the House Price Index for BRIGHTON AND HOVE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £345,000 results in an estimated price of approximately £582,913.
| 19 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £345,000 | £237,913 | £582,913 |
The Postcode Pricing Model uses changes in average sales price within the BN3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 67.201 % | £231,842 | £576,842 |
| 3 Month Average | 62.492 % | £215,597 | £560,597 |
| 6 Month Average | 68.409 % | £236,010 | £581,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £235,000 | £235,000 | FLAT 20 GOODWOOD COURT CROMWELL ROAD |
| 3 May 2024 | £325,000 | £325,000 | 34 CROMWELL COURT CROMWELL ROAD |
| 7 Dec 2023 | £278,560 | £270,000 | FLAT 7 GOODWOOD COURT CROMWELL ROAD |
| 30 Nov 2023 | £353,986 | £345,000 | 26 CROMWELL COURT CROMWELL ROAD |
| 19 Jun 2023 | £178,630 | £175,050 | FLAT 30 GOODWOOD COURT CROMWELL ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Jan 2013. Using an estimated price of £582,913 means this house is valued at £7,772 per sq meter (£722 per sq foot).
The average size of a house on PALMEIRA AVENUE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Place |
| Oct 2024 | Vehicle crime | Under investigation | On or near B2120 |
| Aug 2024 | Vehicle crime | Awaiting court outcome | On or near B2120 |
| Jul 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |