£773,954
This estimated value is based upon the latest sale price for the house of £775,000 on 11 Jul 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 |
|---|---|
| £775,000 | 11 Jul 2022 |
| £230,000 | 27 Jun 2000 |
| £135,000 | 30 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 139 sq meters or 1,496 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 July 2022 the House Price Index for BRIGHTON AND HOVE was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £775,000 results in an estimated price of approximately £773,954.
| 11 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £775,000 | £-1,045 | £773,954 |
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 | 2.334 % | £18,086 | £793,086 |
| 3 Month Average | -3.928 % | £-30,440 | £744,559 |
| 6 Month Average | -2.280 % | £-17,670 | £757,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £372,264 | £370,000 | 5 MONTEREY COURT VARNDEAN DRIVE |
| 18 Jan 2023 | £773,208 | £780,000 | 15 FAIRLIE GARDENS |
| 6 Jan 2023 | £921,902 | £930,000 | 1 FAIRLIE GARDENS |
| 17 Aug 2022 | £372,483 | £375,000 | 27 MONTEREY COURT VARNDEAN DRIVE |
| 11 Jul 2022 | £773,954 | £775,000 | 43 HIGHDOWN COURT VARNDEAN DRIVE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 21 Aug 2021. Using an estimated price of £773,954 means this house is valued at £5,568 per sq meter (£517 per sq foot).
The average size of a house on VARNDEAN DRIVE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Varndean Road |
| 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 |