£451,973
This estimated value is based upon the latest sale price for the house of £372,500 on 2 Mar 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 |
|---|---|
| £372,500 | 2 Mar 2020 |
| £249,950 | 20 Apr 2007 |
| £215,000 | 22 Jan 2007 |
| £60,000 | 6 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
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 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £372,500 results in an estimated price of approximately £451,973.
| 2 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £372,500 | £79,473 | £451,973 |
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 | 68.199 % | £254,042 | £626,542 |
| 3 Month Average | 27.393 % | £102,040 | £474,540 |
| 6 Month Average | 17.832 % | £66,424 | £438,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £277,000 | £277,000 | FLAT 12 72 THE DRIVE |
| 14 Dec 2023 | £747,984 | £725,000 | FLAT 1A 62 THE DRIVE |
| 3 Nov 2023 | £348,855 | £340,000 | FLAT 10 DRIVE LODGE, 68 - 70 THE DRIVE |
| 4 Oct 2023 | £204,648 | £200,000 | FLAT 7 72 THE DRIVE |
| 7 Aug 2023 | £336,061 | £330,000 | FLAT 3 99 THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near The Drive | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Jun 2024 | Other theft | Under investigation | On or near The Drive |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near The Drive |