£343,437
This estimated value is based upon the latest sale price for the house of £320,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 17 Sep 2021 |
| £195,000 | 5 Dec 2006 |
| £157,250 | 20 Jun 2003 |
| £139,000 | 31 Mar 2003 |
| £140,000 | 14 Jun 2002 |
| £49,000 | 21 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 September 2021 the House Price Index for BRIGHTON AND HOVE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £320,000 results in an estimated price of approximately £343,437.
| 17 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £320,000 | £23,437 | £343,437 |
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 | 25.960 % | £83,072 | £403,072 |
| 3 Month Average | 8.645 % | £27,662 | £347,662 |
| 6 Month Average | -1.988 % | £-6,360 | £313,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £103,349 | £103,000 | FLAT 21 HOMEDRIVE HOUSE THE DRIVE |
| 9 Feb 2023 | £592,199 | £595,000 | FLAT 26 GRASSHOPPERS, 87 THE DRIVE |
| 23 Sep 2022 | £113,618 | £115,000 | FLAT 36 HOMEDRIVE HOUSE THE DRIVE |
| 31 May 2022 | £319,753 | £315,000 | FLAT 7 LINCOLN COURT, 78 THE DRIVE |
| 20 May 2022 | £294,376 | £290,000 | FLAT 20 GRASSHOPPERS, 87 THE DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Nov 2020. Using an estimated price of £343,437 means this house is valued at £6,025 per sq meter (£559 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 | Violence and sexual offences | Under investigation | On or near Wilbury Avenue |
| Apr 2024 | Other theft | Under investigation | On or near A270 |
| Apr 2024 | Public order | Under investigation | On or near Cambridge Mews |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cambridge Mews |
| Feb 2024 | Public order | Under investigation | On or near Cambridge Mews |