£1,874,536
This estimated value is based upon the latest sale price for the house of £1,605,000 on 11 Nov 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 |
|---|---|
| £1,605,000 | 11 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 295 sq meters or 3,175 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £1,605,000 results in an estimated price of approximately £1,874,536.
| 11 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £1,605,000 | £269,536 | £1,874,536 |
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 | 57.930 % | £929,768 | £2,534,768 |
| 3 Month Average | 7.153 % | £114,810 | £1,719,810 |
| 6 Month Average | 9.861 % | £158,266 | £1,763,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £1,513,140 | £1,500,000 | 8 STANFORD CLOSE |
| 4 Dec 2023 | £1,299,945 | £1,260,000 | 45 GOLDSTONE CRESCENT |
| 8 Sep 2023 | £1,078,014 | £1,054,250 | 67 HOVE PARK ROAD |
| 1 Sep 2023 | £1,405,994 | £1,375,000 | 3 HOVE PARK WAY |
| 27 Feb 2023 | £1,208,070 | £1,200,000 | 27 BISHOPS ROAD |
This house has a floor area of 295 sq meters or 3,175 sq feet when measured on 31 May 2012. Using an estimated price of £1,874,536 means this house is valued at £6,354 per sq meter (£590 per sq foot).
The average size of a house on THE DROVEWAY is 195 sq meters (2,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hove Park Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hove Park Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Bishops Road |