£580,812
This estimated value is based upon the latest sale price for the house of £373,000 on 7 Apr 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£373,000 | 7 Apr 2014 |
£215,000 | 16 Jul 2004 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 899 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 April 2014 the House Price Index for BRIGHTON AND HOVE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £373,000 results in an estimated price of approximately £580,812.
7 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £373,000 | £207,812 | £580,812 |
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 | 54.476 % | £203,195 | £576,195 |
3 Month Average | 44.623 % | £166,443 | £539,443 |
6 Month Average | 48.699 % | £181,647 | £554,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £647,326 | £636,000 | 75 ELM DRIVE |
22 Sep 2023 | £668,548 | £660,000 | 22 ELM DRIVE |
23 Aug 2023 | £522,572 | £518,000 | 83 ELM DRIVE |
14 Apr 2023 | £539,812 | £534,000 | UNIT 5 ENGLISH BUSINESS PARK ENGLISH CLOSE |
13 Apr 2023 | £586,313 | £580,000 | 55 ELM DRIVE |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 25 Nov 2010. Using an estimated price of £580,813 means this house is valued at £6,953 per sq meter (£645 per sq foot).
The average size of a house on ELM DRIVE is 95 sq meters (1,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Maple Gardens |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maple Gardens |
Dec 2023 | Anti-social behaviour | On or near Old Shoreham Road | |
Dec 2023 | Anti-social behaviour | On or near Old Shoreham Road | |
Dec 2023 | Anti-social behaviour | On or near Old Shoreham Road |