£630,383
This estimated value is based upon the latest sale price for the house of £510,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £510,000 | 6 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for BRIGHTON AND HOVE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £510,000 results in an estimated price of approximately £630,383.
| 6 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £510,000 | £120,383 | £630,383 |
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 | 45.048 % | £229,742 | £739,742 |
| 3 Month Average | 16.627 % | £84,797 | £594,797 |
| 6 Month Average | 18.874 % | £96,257 | £606,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £853,107 | £840,000 | 44 COBTON DRIVE |
| 6 Oct 2023 | £480,923 | £470,000 | 49 ELIZABETH AVENUE |
| 24 Nov 2022 | £821,160 | £825,000 | 39 COBTON DRIVE |
| 6 Sep 2022 | £624,583 | £625,000 | 1 ELIZABETH CLOSE |
| 7 Jul 2022 | £856,583 | £848,000 | 1 ELIZABETH AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 17 May 2019. Using an estimated price of £630,384 means this house is valued at £6,303 per sq meter (£585 per sq foot).
The average size of a house on COBTON DRIVE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Cobton Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Avenue |
| Jun 2024 | Burglary | Under investigation | On or near Elizabeth Avenue |
| Jul 2024 | Anti-social behaviour | On or near Queen Victoria Avenue | |
| Jun 2024 | Shoplifting | Under investigation | On or near Queen Victoria Avenue |