£229,246
This estimated value is based upon the latest sale price for the house of £142,500 on 18 May 2007. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £142,500 | 18 May 2007 |
| £79,000 | 14 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 445 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 May 2007 the House Price Index for BRIGHTON AND HOVE was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £142,500 results in an estimated price of approximately £229,246.
| 18 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £142,500 | £86,746 | £229,246 |
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 | 95.166 % | £135,611 | £278,111 |
| 3 Month Average | 81.314 % | £115,872 | £258,372 |
| 6 Month Average | 78.622 % | £112,036 | £254,536 |
| 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 41 sq meters or 445 sq feet when measured on 6 Aug 2010. Using an estimated price of £229,247 means this house is valued at £5,541 per sq meter (£514 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 |