£716,570
This estimated value is based upon the latest sale price for the house of £595,000 on 10 Jul 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 |
|---|---|
| £595,000 | 10 Jul 2020 |
| £115,000 | 2 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 July 2020 the House Price Index for BRIGHTON AND HOVE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £595,000 results in an estimated price of approximately £716,570.
| 10 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £595,000 | £121,570 | £716,570 |
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 | 93.270 % | £554,954 | £1,149,954 |
| 3 Month Average | 25.411 % | £151,195 | £746,195 |
| 6 Month Average | 22.036 % | £131,117 | £726,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £471,593 | £470,000 | 43 ELM DRIVE |
| 4 Jul 2023 | £651,160 | £645,000 | 37 ELM DRIVE |
| 24 Feb 2023 | £676,799 | £680,000 | 18 MAPLE GARDENS |
| 29 Nov 2022 | £695,718 | £707,000 | 8 ELM DRIVE |
| 25 Feb 2022 | £443,896 | £425,000 | 44 WAYFIELD AVENUE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 3 Feb 2020. Using an estimated price of £716,571 means this house is valued at £4,745 per sq meter (£440 per sq foot).
The average size of a house on ELM DRIVE is 95 sq meters (1,026 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acacia Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wayfield Close |
| Mar 2024 | Public order | Under investigation | On or near Wayfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wayfield Close |