£568,221
This estimated value is based upon the latest sale price for the house of £335,000 on 21 May 2010. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 21 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 991 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 May 2010 the House Price Index for BRIGHTON AND HOVE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £335,000 results in an estimated price of approximately £568,221.
| 21 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £335,000 | £233,221 | £568,221 |
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 | 46.824 % | £156,859 | £491,859 |
| 3 Month Average | 88.229 % | £295,568 | £630,568 |
| 6 Month Average | 73.232 % | £245,328 | £580,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £558,265 | £550,000 | 18 DRAXMONT WAY |
| 14 Sep 2023 | £638,160 | £630,000 | 8 MULBERRY CLOSE |
| 3 Aug 2023 | £423,707 | £420,000 | 12 SURRENDEN HOLT |
| 11 Mar 2022 | £440,411 | £425,000 | 24 SURRENDEN HOLT |
| 30 Sep 2021 | £587,288 | £545,000 | 9 WHITTINGEHAME GARDENS |
This house has a floor area of 92 sq meters or 991 sq feet when measured on 14 May 2009. Using an estimated price of £568,221 means this house is valued at £6,168 per sq meter (£573 per sq foot).
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 |