£306,147
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Jun 2006. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 12 Jun 2006 |
| £108,000 | 31 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2006 the House Price Index for BRIGHTON AND HOVE was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £175,000 results in an estimated price of approximately £306,147.
| 12 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £175,000 | £131,147 | £306,147 |
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 | 85.612 % | £149,820 | £324,820 |
| 3 Month Average | 105.936 % | £185,387 | £360,387 |
| 6 Month Average | 103.571 % | £181,250 | £356,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £704,707 | £700,000 | FLAT 2 77 THE DRIVE |
| 2 Feb 2023 | £704,707 | £700,000 | FLAT 1 77 THE DRIVE |
| 18 Nov 2022 | £303,580 | £305,000 | FLAT 6 63 THE DRIVE |
| 16 Sep 2022 | £554,629 | £555,000 | FLAT 7 55 THE DRIVE |
| 28 Jul 2022 | £414,150 | £410,000 | FLAT 5 57 THE DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 Jan 2017. Using an estimated price of £306,148 means this house is valued at £3,975 per sq meter (£369 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near B2185 |
| Jul 2024 | Bicycle theft | Under investigation | On or near B2185 |
| Jul 2024 | Anti-social behaviour | On or near B2185 | |
| Jun 2024 | Vehicle crime | Under investigation | On or near B2185 |
| May 2024 | Violence and sexual offences | Under investigation | On or near B2185 |