£688,248
This estimated value is based upon the latest sale price for the house of £645,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £645,000 | 3 Dec 2021 |
| £287,000 | 1 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 December 2021 the House Price Index for BRIGHTON AND HOVE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £645,000 results in an estimated price of approximately £688,248.
| 3 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £645,000 | £43,248 | £688,248 |
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 | -12.815 % | £-82,653 | £562,346 |
| 3 Month Average | -11.601 % | £-74,827 | £570,172 |
| 6 Month Average | 4.097 % | £26,425 | £671,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £121,561 | £120,000 | FLAT 1 27 UPPER WELLINGTON ROAD |
| 3 Nov 2023 | £235,017 | £232,000 | FLAT C 2 HASTINGS ROAD |
| 25 Jul 2023 | £518,909 | £514,000 | 9 FRANKLIN STREET |
| 4 Apr 2023 | £244,316 | £242,500 | 76A FRANKLIN ROAD |
| 20 Jun 2022 | £555,631 | £550,000 | 16 UPPER WELLINGTON ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 24 Sep 2021. Using an estimated price of £688,248 means this house is valued at £5,023 per sq meter (£466 per sq foot).
The average size of a house on UPPER WELLINGTON ROAD is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Franklin Road |
| Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
| Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
| Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
| Jan 2024 | Anti-social behaviour | On or near Franklin Street |