£513,891
This estimated value is based upon the latest sale price for the house of £440,000 on 30 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 |
|---|---|
| £440,000 | 30 Nov 2020 |
| £225,000 | 21 Apr 2011 |
| £77,500 | 31 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 £440,000 results in an estimated price of approximately £513,891.
| 30 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £440,000 | £73,891 | £513,891 |
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 | 15.733 % | £69,226 | £509,226 |
| 3 Month Average | 8.919 % | £39,242 | £479,242 |
| 6 Month Average | 9.786 % | £43,056 | £483,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £277,409 | £275,000 | 41 QUEENS PARK ROAD |
| 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 |
| 23 Feb 2022 | £250,909 | £237,500 | FLAT 3 33 QUEENS PARK ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Mar 2020. Using an estimated price of £513,892 means this house is valued at £7,341 per sq meter (£682 per sq foot).
The average size of a house on RICHMOND STREET is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Windmill Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Windmill Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Windmill Terrace | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windmill Terrace |
| Nov 2024 | Burglary | Under investigation | On or near Stanley Street |