£477,828
This estimated value is based upon the latest sale price for the house of £260,000 on 9 Mar 2005. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 9 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2005 the House Price Index for BRIGHTON AND HOVE was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.780%.Applying this 83.780% change to the original purchase price of £260,000 results in an estimated price of approximately £477,828.
| 9 Mar 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.780 % | £260,000 | £217,828 | £477,828 |
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 | 98.311 % | £255,609 | £515,609 |
| 3 Month Average | 136.267 % | £354,295 | £614,295 |
| 6 Month Average | 116.299 % | £302,377 | £562,377 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Jul 2019.
The average size of a house on DRAXMONT WAY is 123 sq meters (1,326 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Varndean Holt |
| Mar 2024 | Theft from the person | Under investigation | On or near Varndean Holt |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Varndean Holt |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Surrenden Holt |