£295,295
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Mar 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 |
|---|---|
| £240,000 | 29 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for BRIGHTON AND HOVE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £240,000 results in an estimated price of approximately £295,295.
| 29 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £240,000 | £55,295 | £295,295 |
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 | 29.399 % | £70,558 | £310,558 |
| 3 Month Average | 11.782 % | £28,277 | £268,277 |
| 6 Month Average | 9.497 % | £22,793 | £262,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £117,218 | £115,000 | 54 MARLBOROUGH COURT, 46 - 48 THE DRIVE |
| 18 Aug 2023 | £286,744 | £285,000 | 33 MARLBOROUGH COURT, 46 - 48 THE DRIVE |
| 14 Jul 2023 | £176,671 | £175,000 | 26 MARLBOROUGH COURT, 46 - 48 THE DRIVE |
| 3 Jul 2023 | £156,985 | £155,500 | 25 MARLBOROUGH COURT, 46 - 48 THE DRIVE |
| 6 Apr 2023 | £151,123 | £150,000 | 11 MARLBOROUGH COURT, 46 - 48 THE DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 Sep 2016. Using an estimated price of £295,296 means this house is valued at £4,840 per sq meter (£449 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).