£289,745
This estimated value is based upon the latest sale price for the house of £237,500 on 22 Jun 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 |
|---|---|
| £237,500 | 22 Jun 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 June 2020 the House Price Index for BRIGHTON AND HOVE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £237,500 results in an estimated price of approximately £289,745.
| 22 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £237,500 | £52,245 | £289,745 |
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 | 83.329 % | £197,906 | £435,406 |
| 3 Month Average | 46.542 % | £110,538 | £348,038 |
| 6 Month Average | 28.743 % | £68,263 | £305,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £414,129 | £405,000 | 48 BOWEN COURT, 31 - 35 THE DRIVE |
| 22 Jul 2022 | £292,935 | £290,000 | 43 BOWEN COURT, 31 - 35 THE DRIVE |
| 8 Jun 2022 | £319,326 | £312,500 | FLAT 18 52 - 54 THE DRIVE |
| 6 Apr 2022 | £980,364 | £945,000 | 14 WILBURY GROVE |
| 17 Feb 2022 | £348,631 | £330,000 | 27 GROVE COURT, 37 - 39 THE DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 4 Jun 2019. Using an estimated price of £289,745 means this house is valued at £5,466 per sq meter (£507 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Eaton Road |