£340,223
This estimated value is based upon the latest sale price for the house of £89,950 on 8 May 2000. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 8 May 2000 |
| £60,000 | 16 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2000 the House Price Index for BRIGHTON AND HOVE was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £89,950 results in an estimated price of approximately £340,223.
| 8 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £89,950 | £250,273 | £340,223 |
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 | 352.267 % | £316,864 | £406,814 |
| 3 Month Average | 318.089 % | £286,120 | £376,070 |
| 6 Month Average | 340.726 % | £306,482 | £396,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £668,347 | £662,500 | 6 CAMBRIDGE MEWS |
| 13 Mar 2023 | £694,039 | £687,500 | 13 CAMBRIDGE MEWS |
| 9 Mar 2023 | £310,929 | £308,000 | 27 DEVONSHIRE COURT THE DRIVE |
| 12 Aug 2022 | £463,752 | £465,000 | FLAT 14 WEST VIEW THE DRIVE |
| 31 May 2022 | £321,049 | £315,000 | FLAT 7 LINCOLN COURT, 78 THE DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 3 Jun 2013. Using an estimated price of £340,223 means this house is valued at £5,234 per sq meter (£486 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Wilbury Avenue |
| Feb 2024 | Public order | Under investigation | On or near Cambridge Mews |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cambridge Mews |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Mews |
| Jan 2024 | Public order | Under investigation | On or near Cambridge Mews |