£352,523
This estimated value is based upon the latest sale price for the house of £353,000 on 18 Jul 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £353,000 | 18 Jul 2022 |
| £292,500 | 25 Jan 2016 |
| £220,000 | 7 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 772 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 July 2022 the House Price Index for BRIGHTON AND HOVE was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £353,000 results in an estimated price of approximately £352,523.
| 18 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £353,000 | £-476 | £352,523 |
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 | -47.453 % | £-167,508 | £185,491 |
| 3 Month Average | -12.133 % | £-42,827 | £310,172 |
| 6 Month Average | -6.652 % | £-23,481 | £329,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £378,065 | £375,000 | FLAT 16 THE ATHENAEUM, 32 SALISBURY ROAD |
| 22 Feb 2023 | £761,399 | £765,000 | GROUND FLOOR FLAT 19 PALMEIRA AVENUE |
| 27 Jan 2023 | £346,952 | £350,000 | 12 SANDRINGHAM LODGE, 23 PALMEIRA AVENUE |
| 13 Jan 2023 | £842,599 | £850,000 | FLAT 1 15 PALMEIRA AVENUE |
| 18 Jul 2022 | £299,595 | £300,000 | 3 SANDRINGHAM LODGE, 23 PALMEIRA AVENUE |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 7 Oct 2008. Using an estimated price of £352,524 means this house is valued at £4,913 per sq meter (£456 per sq foot).
The average size of a house on PALMEIRA AVENUE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salisbury Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Salisbury Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
| Apr 2024 | Anti-social behaviour | On or near Salisbury Road |