£462,586
This estimated value is based upon the latest sale price for the house of £265,000 on 6 Nov 2009. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£265,000 | 6 Nov 2009 |
£250,000 | 25 Jul 2008 |
£275,000 | 8 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 2009 the House Price Index for BRIGHTON AND HOVE was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £265,000 results in an estimated price of approximately £462,586.
6 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.561 % | £265,000 | £197,586 | £462,586 |
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 | 98.454 % | £260,902 | £525,902 |
3 Month Average | 65.973 % | £174,827 | £439,827 |
6 Month Average | 72.964 % | £193,355 | £458,355 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £482,165 | £476,000 | APARTMENT 22 THE GALLERIES, 52 PALMEIRA AVENUE |
8 Jun 2023 | £506,131 | £500,000 | APARTMENT 20 THE GALLERIES, 52 PALMEIRA AVENUE |
17 May 2022 | £1,732,647 | £1,700,000 | 64 PALMEIRA AVENUE |
26 Jan 2022 | £345,727 | £328,510 | FLAT 21 PALMEIRA HOUSE, 46 PALMEIRA AVENUE |
9 Dec 2021 | £401,766 | £375,000 | FLAT 26 KINSALE COURT, 50 PALMEIRA AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 May 2020. Using an estimated price of £462,587 means this house is valued at £6,007 per sq meter (£558 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 | Bicycle theft | Investigation complete; no suspect identified | On or near Palmeira Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Avenue |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Palmeira Avenue |
Feb 2024 | Anti-social behaviour | On or near Palmeira Avenue | |
Feb 2024 | Anti-social behaviour | On or near Palmeira Avenue |