£433,307
This estimated value is based upon the latest sale price for the house of £385,000 on 5 May 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 5 May 2021 |
| £190,000 | 7 Mar 2003 |
| £125,000 | 24 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 May 2021 the House Price Index for BRIGHTON AND HOVE was 131.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.548%.Applying this 12.548% change to the original purchase price of £385,000 results in an estimated price of approximately £433,307.
| 5 May 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.0 | 12.548 % | £385,000 | £48,307 | £433,307 |
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 | 42.318 % | £162,924 | £547,924 |
| 3 Month Average | 11.138 % | £42,883 | £427,883 |
| 6 Month Average | 16.027 % | £61,705 | £446,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £738,981 | £725,000 | FLAT 1A 62 THE DRIVE |
| 3 Nov 2023 | £344,422 | £340,000 | FLAT 10 DRIVE LODGE, 68 - 70 THE DRIVE |
| 12 Apr 2023 | £382,845 | £380,000 | FLAT 32 DRIVE LODGE, 68 - 70 THE DRIVE |
| 8 Jun 2022 | £315,700 | £312,500 | FLAT 18 52 - 54 THE DRIVE |
| 25 Mar 2022 | £328,717 | £318,500 | FLAT 20 52 - 54 THE DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 29 Aug 2020. Using an estimated price of £433,308 means this house is valued at £5,555 per sq meter (£516 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near B2185 |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Eaton Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eaton Road |
| Jan 2024 | Other crime | Under investigation | On or near Eaton Road |