£392,474
This estimated value is based upon the latest sale price for the house of £305,000 on 30 May 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£305,000 | 30 May 2017 |
£196,500 | 17 Jan 2012 |
£159,000 | 15 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 582 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 2017 the House Price Index for BRIGHTON AND HOVE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £305,000 results in an estimated price of approximately £392,474.
30 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £305,000 | £87,474 | £392,474 |
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 | 2.601 % | £7,933 | £312,933 |
3 Month Average | 14.410 % | £43,949 | £348,949 |
6 Month Average | 25.778 % | £78,622 | £383,622 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £380,635 | £375,000 | FLAT 11 VICTORIA MANSIONS, 76A MARINE PARADE |
23 Aug 2023 | £353,089 | £350,000 | 2 ST JOHNS MEWS |
28 Jul 2023 | £235,165 | £232,000 | FLAT 2 VICTORIA MANSIONS, 76A MARINE PARADE |
7 Jul 2023 | £354,775 | £350,000 | 7 ST JOHNS MEWS |
21 Apr 2023 | £449,844 | £445,000 | FLAT 1 VICTORIA MANSIONS, 76A MARINE PARADE |
This house has a floor area of 54 sq meters or 582 sq feet when measured on 8 Aug 2011. Using an estimated price of £392,475 means this house is valued at £7,254 per sq meter (£673 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bedford Street |
Mar 2024 | Possession of weapons | Under investigation | On or near Marine Gardens |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Marine Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Marine Gardens |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Marine Gardens |