£371,170
This estimated value is based upon the latest sale price for the house of £249,950 on 18 Mar 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £249,950 | 18 Mar 2015 |
| £193,500 | 11 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 March 2015 the House Price Index for BRIGHTON AND HOVE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £249,950 results in an estimated price of approximately £371,170.
| 18 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £249,950 | £121,220 | £371,170 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 27.707 % | £69,253 | £319,203 |
| 3 Month Average | 33.334 % | £83,317 | £333,267 |
| 6 Month Average | 44.749 % | £111,849 | £361,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £486,730 | £476,000 | APARTMENT 22 THE GALLERIES, 52 PALMEIRA AVENUE |
| 8 Jun 2023 | £510,225 | £500,000 | APARTMENT 20 THE GALLERIES, 52 PALMEIRA AVENUE |
| 17 May 2022 | £1,745,473 | £1,700,000 | 64 PALMEIRA AVENUE |
| 26 Jan 2022 | £348,286 | £328,510 | FLAT 21 PALMEIRA HOUSE, 46 PALMEIRA AVENUE |
| 9 Dec 2021 | £404,740 | £375,000 | FLAT 26 KINSALE COURT, 50 PALMEIRA AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Sep 2014. Using an estimated price of £371,171 means this house is valued at £5,227 per sq meter (£485 per sq foot).
The average size of a house on PALMEIRA AVENUE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Avenue |
| Sep 2024 | Anti-social behaviour | On or near Palmeira Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Palmeira Avenue | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Avenue |
| Aug 2024 | Anti-social behaviour | On or near Palmeira Avenue |