£322,925
This estimated value is based upon the latest sale price for the house of £139,000 on 11 Jul 2003. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £139,000 | 11 Jul 2003 |
| £129,000 | 6 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2003 the House Price Index for BRIGHTON AND HOVE was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £139,000 results in an estimated price of approximately £322,925.
| 11 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £139,000 | £183,925 | £322,925 |
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 | 159.301 % | £221,428 | £360,428 |
| 3 Month Average | 144.813 % | £201,290 | £340,290 |
| 6 Month Average | 155.071 % | £215,548 | £354,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £699,529 | £700,000 | FLAT 2 77 THE DRIVE |
| 2 Feb 2023 | £699,529 | £700,000 | FLAT 1 77 THE DRIVE |
| 18 Nov 2022 | £301,350 | £305,000 | FLAT 6 63 THE DRIVE |
| 16 Sep 2022 | £550,554 | £555,000 | FLAT 7 55 THE DRIVE |
| 28 Jul 2022 | £411,107 | £410,000 | FLAT 5 57 THE DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Dec 2017. Using an estimated price of £322,925 means this house is valued at £4,363 per sq meter (£405 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near B2185 |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B2185 |