£306,691
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Dec 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 |
|---|---|
| £250,000 | 18 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2019 the House Price Index for BRIGHTON AND HOVE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £250,000 results in an estimated price of approximately £306,691.
| 18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £250,000 | £56,691 | £306,691 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | -11.970 % | £-29,924 | £220,075 |
| 3 Month Average | 3.663 % | £9,158 | £259,158 |
| 6 Month Average | 9.046 % | £22,616 | £272,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,342 | £300,000 | 46 CONNELL DRIVE |
| 7 Aug 2023 | £605,295 | £600,000 | 13 CRESCENT DRIVE SOUTH |
| 1 Aug 2023 | £756,619 | £750,000 | 7 CRESCENT DRIVE SOUTH |
| 5 Sep 2022 | £292,637 | £295,000 | 70A CRESCENT DRIVE SOUTH |
| 17 Mar 2022 | £932,636 | £900,000 | 74 CRESCENT DRIVE SOUTH |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Dec 2018. Using an estimated price of £306,691 means this house is valued at £4,144 per sq meter (£385 per sq foot).
The average size of a house on CONNELL DRIVE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Ridgeway Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Ridgeway Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Ridgeway Gardens | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ridgeway Gardens |
| Feb 2024 | Anti-social behaviour | On or near Ridgeway Gardens |