£524,774
This estimated value is based upon the latest sale price for the house of £432,500 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £432,500 | 6 Mar 2020 |
| £134,000 | 20 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £432,500 results in an estimated price of approximately £524,774.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £432,500 | £92,274 | £524,774 |
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 | 68.199 % | £294,962 | £727,462 |
| 3 Month Average | 27.393 % | £118,476 | £550,976 |
| 6 Month Average | 17.832 % | £77,123 | £509,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,150,348 | £1,115,000 | 13 ELRINGTON ROAD |
| 17 Oct 2023 | £1,657,649 | £1,620,000 | 32 HOVE PARK ROAD |
| 8 Sep 2023 | £664,652 | £650,000 | 33 THE DROVEWAY |
| 3 Mar 2023 | £1,322,079 | £1,300,000 | 24 ELRINGTON ROAD |
| 20 Jan 2023 | £1,654,421 | £1,650,000 | 3 ONSLOW ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Oct 2019. Using an estimated price of £524,775 means this house is valued at £8,199 per sq meter (£761 per sq foot).
The average size of a house on THE DROVEWAY is 195 sq meters (2,108 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near The Droveway | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Droveway |
| Jun 2024 | Anti-social behaviour | On or near The Droveway | |
| Jun 2024 | Anti-social behaviour | On or near The Droveway | |
| May 2024 | Violence and sexual offences | Under investigation | On or near The Droveway |