£255,307
This estimated value is based upon the latest sale price for the house of £107,000 on 16 May 2003. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £107,000 | 16 May 2003 |
| £80,000 | 30 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
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 2003 the House Price Index for BRIGHTON AND HOVE was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £107,000 results in an estimated price of approximately £255,307.
| 16 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £107,000 | £148,307 | £255,307 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 155.258 % | £166,126 | £273,126 |
| 3 Month Average | 155.421 % | £166,300 | £273,300 |
| 6 Month Average | 156.729 % | £167,700 | £274,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £397,205 | £385,000 | FLAT 2 1 MONTPELIER TERRACE |
| 19 Dec 2023 | £327,565 | £317,500 | FLAT 4 74 MONTPELIER ROAD |
| 8 Aug 2023 | £356,429 | £350,000 | BASEMENT FLAT 89 MONTPELIER ROAD |
| 16 Jun 2023 | £280,624 | £275,000 | FLAT 4 79 MONTPELIER ROAD |
| 23 Mar 2023 | £666,124 | £655,000 | TOP FLAT 89 MONTPELIER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Montpelier Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Montpelier Terrace |
| Jul 2024 | Other theft | Under investigation | On or near Montpelier Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Montpelier Place |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montpelier Place |