£587,344
This estimated value is based upon the latest sale price for the house of £414,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£414,000 | 4 Sep 2015 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 September 2015 the House Price Index for BRIGHTON AND HOVE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £414,000 results in an estimated price of approximately £587,344.
4 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £414,000 | £173,344 | £587,344 |
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 | 32.552 % | £134,765 | £548,765 |
3 Month Average | 28.159 % | £116,579 | £530,579 |
6 Month Average | 31.225 % | £129,270 | £543,270 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £668,548 | £660,000 | 22 ELM DRIVE |
22 Sep 2023 | £460,893 | £455,000 | 18 WAYFIELD AVENUE |
23 Aug 2023 | £522,572 | £518,000 | 83 ELM DRIVE |
14 Apr 2023 | £539,812 | £534,000 | UNIT 5 ENGLISH BUSINESS PARK ENGLISH CLOSE |
30 Mar 2023 | £641,039 | £635,000 | 20 ELM DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 May 2015. Using an estimated price of £587,344 means this house is valued at £6,315 per sq meter (£586 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 |
Mar 2024 | Public order | Under investigation | On or near Wayfield Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wayfield Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wayfield Close |