£342,973
This estimated value is based upon the latest sale price for the house of £229,950 on 12 Dec 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 |
---|---|
£229,950 | 12 Dec 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 December 2014 the House Price Index for BRIGHTON AND HOVE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £229,950 results in an estimated price of approximately £342,973.
12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £229,950 | £113,023 | £342,973 |
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 | 48.095 % | £110,595 | £340,545 |
3 Month Average | 34.242 % | £78,739 | £308,689 |
6 Month Average | 34.710 % | £79,815 | £309,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £750,000 | £750,000 | FLAT 3 62 THE DRIVE |
3 Nov 2023 | £345,109 | £340,000 | FLAT 10 DRIVE LODGE, 68 - 70 THE DRIVE |
7 Aug 2023 | £332,912 | £330,000 | FLAT 3 99 THE DRIVE |
28 Jul 2023 | £699,413 | £690,000 | FLAT 4 26 THE DRIVE |
12 Apr 2023 | £384,136 | £380,000 | FLAT 32 DRIVE LODGE, 68 - 70 THE DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Oct 2013. Using an estimated price of £342,973 means this house is valued at £4,572 per sq meter (£424 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 The Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Drive |