£397,961
This estimated value is based upon the latest sale price for the house of £173,100 on 24 Sep 2003. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £173,100 | 24 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 September 2003 the House Price Index for BRIGHTON AND HOVE was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £173,100 results in an estimated price of approximately £397,961.
| 24 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £173,100 | £224,861 | £397,961 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 167.055 % | £289,171 | £462,271 |
| 3 Month Average | 141.848 % | £245,538 | £418,638 |
| 6 Month Average | 138.906 % | £240,445 | £413,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £331,176 | £321,000 | 22 SHANKLIN ROAD |
| 3 Mar 2023 | £211,533 | £208,000 | GROUND FLOOR FLAT 7 SHANKLIN ROAD |
| 24 Nov 2022 | £363,579 | £365,279 | GROUND FLOOR FLAT 42 SHANKLIN ROAD |
| 23 Aug 2022 | £231,583 | £230,500 | FLAT B 11 SHANKLIN ROAD |
| 2 Mar 2022 | £271,423 | £260,000 | 62 SHANKLIN ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 2 Jan 2019. Using an estimated price of £397,961 means this house is valued at £3,719 per sq meter (£345 per sq foot).
The average size of a house on SHANKLIN ROAD is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bembridge Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bembridge Street |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bembridge Street |
| Sep 2024 | Drugs | Under investigation | On or near Bembridge Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shanklin Road |