£474,082
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Nov 2004. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Nov 2004 |
| £198,000 | 23 May 2003 |
| £155,000 | 25 Jan 2002 |
| £56,000 | 7 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2004 the House Price Index for BRIGHTON AND HOVE was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £250,000 results in an estimated price of approximately £474,082.
| 12 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £250,000 | £224,082 | £474,082 |
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 | 159.587 % | £398,967 | £648,967 |
| 3 Month Average | 120.241 % | £300,603 | £550,603 |
| 6 Month Average | 117.096 % | £292,739 | £542,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £755,569 | £732,352 | 2 BRISTOL RISE |
| 24 Nov 2023 | £633,070 | £617,000 | 10 MARINE TERRACE MEWS |
| 6 Oct 2023 | £373,483 | £365,000 | 5 ST JOHNS MEWS |
| 2 Oct 2023 | £1,115,331 | £1,090,000 | 6 BEDFORD STREET |
| 23 Aug 2023 | £356,429 | £350,000 | 2 ST JOHNS MEWS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 Apr 2012. Using an estimated price of £474,082 means this house is valued at £4,990 per sq meter (£463 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A259 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A259 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A259 |
| Jul 2024 | Theft from the person | Under investigation | On or near A259 |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near A259 |