£344,263
This estimated value is based upon the latest sale price for the house of £285,000 on 21 Aug 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 |
|---|---|
| £285,000 | 21 Aug 2020 |
| £248,000 | 13 Feb 2015 |
| £180,000 | 26 Aug 2010 |
| £165,000 | 27 May 2005 |
| £53,000 | 5 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 August 2020 the House Price Index for BRIGHTON AND HOVE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £285,000 results in an estimated price of approximately £344,263.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £285,000 | £59,263 | £344,263 |
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 | 59.674 % | £170,070 | £455,070 |
| 3 Month Average | 30.865 % | £87,964 | £372,964 |
| 6 Month Average | 29.564 % | £84,256 | £369,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £314,837 | £310,000 | FLAT 34 THE PRIORY, 8 ST CATHERINES TERRACE |
| 15 Mar 2024 | £223,433 | £220,000 | 2A HOVE PLACE |
| 16 Oct 2023 | £301,856 | £295,000 | FLAT 42 THE PRIORY, 8 ST CATHERINES TERRACE |
| 30 Aug 2023 | £3,946,173 | £3,875,000 | ST CATHERINES LODGE HOTEL, 9 - 12 ST CATHERINES TERRACE |
| 24 Apr 2023 | £280,242 | £275,000 | FLAT 4 4 MEDINA VILLAS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 May 2020. Using an estimated price of £344,263 means this house is valued at £5,834 per sq meter (£542 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Hove Place | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Hove Place |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hove Place |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hove Place |
| May 2024 | Anti-social behaviour | On or near Hove Place |