£344,557
This estimated value is based upon the latest sale price for the house of £332,500 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £332,500 | 18 Mar 2022 |
| £157,950 | 31 Oct 2003 |
| £85,000 | 24 Jan 2000 |
| £75,950 | 11 Jun 1999 |
| £63,000 | 1 Jul 1998 |
| 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 2022 the House Price Index for BRIGHTON AND HOVE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £332,500 results in an estimated price of approximately £344,557.
| 18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £332,500 | £12,057 | £344,557 |
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 | 34.517 % | £114,769 | £447,269 |
| 3 Month Average | -3.515 % | £-11,689 | £320,810 |
| 6 Month Average | -0.284 % | £-943 | £331,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £447,725 | £442,000 | FLAT 20 WEST VIEW THE DRIVE |
| 8 Nov 2022 | £439,674 | £445,000 | FLAT 6 NORMANDY HOUSE, 18 THE DRIVE |
| 2 Nov 2022 | £385,332 | £390,000 | FLAT 30 NORMANDY HOUSE, 18 THE DRIVE |
| 25 Aug 2022 | £431,339 | £432,500 | FLAT 36 NORMANDY HOUSE, 18 THE DRIVE |
| 18 Mar 2022 | £344,557 | £332,500 | FLAT 8 NORMANDY HOUSE, 18 THE DRIVE |