£876,259
This estimated value is based upon the latest sale price for the house of £750,000 on 14 Oct 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £750,000 | 14 Oct 2020 |
| £325,000 | 26 Oct 2001 |
| £112,500 | 19 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2020 the House Price Index for BRIGHTON AND HOVE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £750,000 results in an estimated price of approximately £876,259.
| 14 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £750,000 | £126,259 | £876,259 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 11.175 % | £83,815 | £833,815 |
| 3 Month Average | 11.481 % | £86,104 | £836,104 |
| 6 Month Average | 11.827 % | £88,704 | £838,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £1,504,229 | £1,490,000 | 68 SURRENDEN CRESCENT |
| 11 Jul 2022 | £773,954 | £775,000 | 43 HIGHDOWN COURT VARNDEAN DRIVE |
| 29 Apr 2022 | £1,025,641 | £1,000,000 | 24 WITHDEAN CRESCENT |
| 25 Feb 2022 | £1,206,352 | £1,155,000 | 7 WITHDEAN CRESCENT |
| 25 Jun 2021 | £1,079,278 | £1,010,000 | 59 WITHDEAN CRESCENT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Dec 2019. Using an estimated price of £876,260 means this house is valued at £10,308 per sq meter (£957 per sq foot).
The average size of a house on VARNDEAN CLOSE is 160 sq meters (1,722 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Withdean Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Withdean Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairlie Gardens |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fairlie Gardens |
| Jan 2024 | Other crime | Under investigation | On or near The Approach |