£415,290
This estimated value is based upon the latest sale price for the house of £335,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£335,000 | 23 Aug 2019 |
£237,500 | 4 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 971 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 August 2019 the House Price Index for BRIGHTON AND HOVE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £335,000 results in an estimated price of approximately £415,290.
23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £335,000 | £80,290 | £415,290 |
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 | 17.180 % | £57,552 | £392,552 |
3 Month Average | 4.602 % | £15,417 | £350,417 |
6 Month Average | 8.063 % | £27,009 | £362,009 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £425,000 | £425,000 | FLAT 2 115 MARINE PARADE |
26 Apr 2024 | £554,818 | £550,000 | FLAT 5 TAMWORTH HOUSE, 76 MARINE PARADE |
8 Mar 2024 | £406,242 | £400,000 | FLAT 4 157 MARINE PARADE |
6 Nov 2023 | £384,767 | £375,000 | FLAT 11 VICTORIA MANSIONS, 76A MARINE PARADE |
21 Apr 2023 | £453,482 | £445,000 | FLAT 1 VICTORIA MANSIONS, 76A MARINE PARADE |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 2 Feb 2009. Using an estimated price of £415,291 means this house is valued at £4,603 per sq meter (£427 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).