£371,589
This estimated value is based upon the latest sale price for the house of £302,500 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £302,500 | 26 Jul 2019 |
| £73,950 | 25 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 July 2019 the House Price Index for BRIGHTON AND HOVE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £302,500 results in an estimated price of approximately £371,589.
| 26 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £302,500 | £69,089 | £371,589 |
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 | 22.636 % | £68,474 | £370,974 |
| 3 Month Average | 12.422 % | £37,576 | £340,076 |
| 6 Month Average | 10.239 % | £30,971 | £333,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £103,349 | £103,000 | FLAT 21 HOMEDRIVE HOUSE THE DRIVE |
| 17 Nov 2023 | £714,168 | £705,000 | FLAT 6 99 THE DRIVE |
| 18 Aug 2023 | £1,219,918 | £1,212,500 | GROUND FLOOR FLAT 9 WILBURY GARDENS |
| 13 Feb 2023 | £323,470 | £325,000 | FLAT 12 81 THE DRIVE |
| 23 Sep 2022 | £113,618 | £115,000 | FLAT 36 HOMEDRIVE HOUSE THE DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Sep 2013. Using an estimated price of £371,589 means this house is valued at £5,090 per sq meter (£472 per sq foot).
The average size of a house on THE DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near A270 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilbury Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilbury Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilbury Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wilbury Gardens |