The Drive, Southwick, Brighton, BN42

Street Guide For The Drive, Southwick, Brighton, BN42

 

The Drive, Southwick, Brighton, BN42 Map

Estimated Price: £351,531
Average Asking Price: £293,646
Price change in last one year: £17,398
Average Price Paid: £241,633
Average Rent Rates: £1,040

 

Property Prices Breakdown in The Drive, Southwick, Brighton, BN42

Average Price for property in The Drive, Southwick, Brighton, BN42 is around £351,531 which varies based on type of property you are interested in and ranges from £366,318 for detached house to around £338,985 for semi-detached. Similarly terraced house is around £369,003. Values have been changing and have risen £349 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £780 in last 6 months, £17,398 in last 1 year, £31,550 in last 2 years, £42,739 in last 3 years, £42,666 in last 4 years and £46,146 in last 5 years.

Currently average asking price of a property in The Drive, Southwick, Brighton, BN42 is around £293,646 based on approximately 1 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £1,040 per month.

Estimated property value in The Drive, Southwick, Brighton, BN42 is £351,531. Average asking price is £293,646 while average price paid is £249,950 which is up by £17,398 and Avg. asking rent £1,040.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in The Drive, Southwick, Brighton, BN42 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in The Drive, Southwick, Brighton, BN42 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £249,950. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £241,633 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £238,680 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £13,998, £240,000 for a 2 bedroom house, £349,993 for a 3 bedroom house, £299,725 for a 4 bedroom house and £500,000 for a 5 bedroom house. To sum up the asking prices for properties in The Drive, Southwick, Brighton, BN42 it comes to around average £13,998 for 1 bedroom property, £240,000 for 2 bedroom, £349,993 for 3 bedroom, £299,725 for 4 bedroom and £500,000 for a 5 bedroom property.

Popular Houses in The Drive, Southwick, Brighton, BN42

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around The Drive, Southwick, Brighton, BN42