£414,232
This estimated value is based upon the latest sale price for the house of £242,000 on 2 Mar 2010. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £242,000 | 2 Mar 2010 |
| £237,500 | 16 Apr 2007 |
| £76,995 | 21 May 1999 |
| 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 2010 the House Price Index for BRIGHTON AND HOVE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £242,000 results in an estimated price of approximately £414,232.
| 2 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £242,000 | £172,232 | £414,232 |
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 | 146.955 % | £355,631 | £597,631 |
| 3 Month Average | 72.491 % | £175,428 | £417,428 |
| 6 Month Average | 77.456 % | £187,444 | £429,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £363,250 | £355,000 | FLAT 4 40 TISBURY ROAD |
| 29 Sep 2023 | £451,963 | £442,000 | FLAT 20 WEST VIEW THE DRIVE |
| 8 Nov 2022 | £442,929 | £445,000 | FLAT 6 NORMANDY HOUSE, 18 THE DRIVE |
| 2 Nov 2022 | £388,185 | £390,000 | FLAT 30 NORMANDY HOUSE, 18 THE DRIVE |
| 25 Aug 2022 | £434,532 | £432,500 | FLAT 36 NORMANDY HOUSE, 18 THE DRIVE |