£275,035
This estimated value is based upon the latest sale price for the house of £197,500 on 30 Nov 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 |
|---|---|
| £197,500 | 30 Nov 2015 |
| 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 November 2015 the House Price Index for BRIGHTON AND HOVE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £197,500 results in an estimated price of approximately £275,035.
| 30 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £197,500 | £77,535 | £275,035 |
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 | 35.434 % | £69,981 | £267,481 |
| 3 Month Average | 16.318 % | £32,227 | £229,727 |
| 6 Month Average | 24.973 % | £49,322 | £246,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £433,795 | £430,000 | 28 BEEDING AVENUE |
| 17 Oct 2022 | £308,676 | £312,000 | 69A POYNINGS DRIVE |
| 4 Mar 2022 | £440,411 | £425,000 | 7 NUTLEY CLOSE |
| 20 Nov 2020 | £220,277 | £190,000 | 97 POYNINGS DRIVE |
| 29 Aug 2019 | £455,309 | £370,000 | 12 MIDHURST WALK |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Aug 2015. Using an estimated price of £275,035 means this house is valued at £4,231 per sq meter (£393 per sq foot).
The average size of a house on POYNINGS DRIVE is 78 sq meters (840 sq feet).