£538,930
This estimated value is based upon the latest sale price for the house of £435,000 on 6 Jun 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £435,000 | 6 Jun 2018 |
| £322,000 | 10 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 June 2018 the House Price Index for BRIGHTON AND HOVE was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £435,000 results in an estimated price of approximately £538,930.
| 6 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £435,000 | £103,930 | £538,930 |
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 | 41.802 % | £181,837 | £616,837 |
| 3 Month Average | 23.202 % | £100,928 | £535,928 |
| 6 Month Average | 17.662 % | £76,829 | £511,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £372,264 | £370,000 | 5 MONTEREY COURT VARNDEAN DRIVE |
| 17 Aug 2022 | £372,483 | £375,000 | 27 MONTEREY COURT VARNDEAN DRIVE |
| 11 Jul 2022 | £773,954 | £775,000 | 43 HIGHDOWN COURT VARNDEAN DRIVE |
| 28 Jan 2022 | £377,337 | £360,000 | 31 HIGHDOWN COURT VARNDEAN DRIVE |
| 18 Dec 2020 | £674,417 | £590,000 | 8 WALNUT CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Mar 2018. Using an estimated price of £538,930 means this house is valued at £7,282 per sq meter (£676 per sq foot).
The average size of a house on VARNDEAN GARDENS is 175 sq meters (1,885 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 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 |
| 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 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Varndean Road |