£704,690
This estimated value is based upon the latest sale price for the house of £550,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 27 Jun 2017 |
| £445,000 | 17 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 June 2017 the House Price Index for BRIGHTON AND HOVE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £550,000 results in an estimated price of approximately £704,690.
| 27 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £550,000 | £154,690 | £704,690 |
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 | 36.376 % | £200,067 | £750,067 |
| 3 Month Average | 20.182 % | £110,998 | £660,998 |
| 6 Month Average | 23.376 % | £128,568 | £678,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £682,975 | £677,000 | 60 MILL DRIVE |
| 24 Nov 2022 | £815,126 | £825,000 | 39 COBTON DRIVE |
| 22 Dec 2020 | £723,059 | £630,000 | 27 MILL DRIVE |
| 18 Dec 2020 | £694,367 | £605,000 | 30 ELIZABETH AVENUE |
| 20 Nov 2020 | £782,564 | £675,000 | 173 GOLDSTONE CRESCENT |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 29 Jul 2014. Using an estimated price of £704,690 means this house is valued at £5,971 per sq meter (£554 per sq foot).
The average size of a house on COBTON DRIVE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elizabeth Avenue |
| Jan 2024 | Anti-social behaviour | On or near Queen Victoria Avenue |