£496,372
This estimated value is based upon the latest sale price for the house of £425,000 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 2 Nov 2020 |
| £370,000 | 19 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £425,000 results in an estimated price of approximately £496,372.
| 2 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £425,000 | £71,372 | £496,372 |
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 | 19.374 % | £82,337 | £507,337 |
| 3 Month Average | 8.136 % | £34,578 | £459,578 |
| 6 Month Average | 10.261 % | £43,609 | £468,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,506 | £365,000 | 44 STANLEY STREET |
| 17 Mar 2022 | £450,979 | £432,000 | 8 STANLEY STREET |
| 7 Mar 2022 | £438,452 | £420,000 | 62 ALBION HILL |
| 7 Oct 2021 | £663,228 | £595,000 | 30 MONTREAL ROAD |
| 22 Sep 2021 | £819,605 | £755,000 | 85 QUEENS PARK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Nov 2016. Using an estimated price of £496,373 means this house is valued at £6,363 per sq meter (£591 per sq foot).
The average size of a house on RICHMOND STREET is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Windmill Terrace |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Windmill Terrace |
| Jul 2024 | Drugs | Under investigation | On or near Richmond Street |
| Jul 2024 | Drugs | Under investigation | On or near Richmond Street |
| Apr 2024 | Drugs | Under investigation | On or near Richmond Street |