£706,644
This estimated value is based upon the latest sale price for the house of £410,000 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 11 Nov 2011 |
| £164,000 | 13 Jul 1999 |
| £94,800 | 18 Mar 1996 |
| £92,500 | 17 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 605 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 2011 the House Price Index for BRIGHTON AND HOVE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £410,000 results in an estimated price of approximately £706,644.
| 11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £410,000 | £296,644 | £706,644 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 57.894 % | £237,365 | £647,365 |
| 3 Month Average | 91.779 % | £376,295 | £786,295 |
| 6 Month Average | 65.481 % | £268,471 | £678,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £759,714 | £750,000 | 62 TONGDEAN LANE |
| 31 Jan 2023 | £1,094,843 | £1,100,000 | 76 REDHILL DRIVE |
| 31 Jan 2023 | £771,366 | £775,000 | 74 VALLEY DRIVE |
| 30 Nov 2022 | £938,630 | £950,000 | 10 HILLSIDE WAY |
| 24 May 2022 | £932,572 | £915,000 | 72 VALLEY DRIVE |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 20 Oct 2010. Using an estimated price of £706,645 means this house is valued at £12,564 per sq meter (£1,167 per sq foot).
The average size of a house on VALLEY DRIVE is 137 sq meters (1,478 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hillside Way |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Hillside Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Valley Drive |
| Mar 2024 | Public order | Under investigation | On or near Hillcrest |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |