£433,849
This estimated value is based upon the latest sale price for the house of £248,000 on 31 Oct 2008. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £248,000 | 31 Oct 2008 |
| £247,500 | 28 Nov 2005 |
| £187,500 | 10 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2008 the House Price Index for BRIGHTON AND HOVE was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £248,000 results in an estimated price of approximately £433,849.
| 31 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £248,000 | £185,849 | £433,849 |
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 | 81.930 % | £203,185 | £451,185 |
| 3 Month Average | 99.774 % | £247,438 | £495,438 |
| 6 Month Average | 68.876 % | £170,811 | £418,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,364,952 | £1,347,500 | 40 WITHDEAN CRESCENT |
| 16 Jun 2023 | £197,391 | £195,000 | 44 WITHDEAN COURT LONDON ROAD |
| 28 Sep 2021 | £226,294 | £210,000 | 68 WITHDEAN COURT LONDON ROAD |
| 18 Dec 2020 | £671,412 | £585,000 | 10 HOLLY CLOSE |
| 11 Sep 2020 | £172,170 | £145,000 | 73 WITHDEAN COURT LONDON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Nov 2019. Using an estimated price of £433,849 means this house is valued at £6,287 per sq meter (£584 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 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | 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 |