£481,969
This estimated value is based upon the latest sale price for the house of £362,000 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Palm Drive
More crime details
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| Price Paid | Date |
|---|---|
| £362,000 | 4 Aug 2016 |
| Flats/Maisonettes |
| Leasehold |
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 August 2016 the House Price Index for BRIGHTON AND HOVE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £362,000 results in an estimated price of approximately £481,969.
| 4 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £362,000 | £119,969 | £481,969 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 1.464 % | £5,297 | £367,297 |
| 3 Month Average | 9.818 % | £35,540 | £397,540 |
| 6 Month Average | 25.420 % | £92,021 | £454,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Feb 2021 | £1,064,834 | £938,000 | APARTMENT 117 SIRIUS, 6 THE BOARDWALK |
| 26 Oct 2020 | £762,504 | £650,000 | APARTMENT 108 SIRIUS, 6 THE BOARDWALK |
| 26 Oct 2020 | £410,579 | £350,000 | DOCTOR'S SURGERY SIRIUS, 6 THE BOARDWALK |
| 28 Feb 2020 | £658,238 | £538,000 | APARTMENT 30 SIRIUS, 2 THE BOARDWALK |
| 6 Sep 2019 | £809,796 | £660,000 | APARTMENT 5 SIRIUS, 2 THE BOARDWALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Palm Drive |
| Mar 2024 | Bicycle theft | Under investigation | On or near Palm Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Palm Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palm Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palm Drive |