£653,329
This estimated value is based upon the latest sale price for the house of £635,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £635,000 | 28 Jul 2023 |
| £355,000 | 3 Oct 2007 |
| £164,995 | 7 Dec 1999 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in July 2023 the House Price Index for KENT was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £635,000 results in an estimated price of approximately £653,329.
| 28 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £635,000 | £18,329 | £653,329 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | -41.040 % | £-260,602 | £374,397 |
| 3 Month Average | -14.412 % | £-91,513 | £543,486 |
| 6 Month Average | -7.920 % | £-50,289 | £584,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £145,000 | £145,000 | EAST KENT COMPONENTS LTD THE SHIPYARD |
| 31 Oct 2023 | £184,183 | £180,000 | UNIT 16 BRENTS INDUSTRIAL ESTATE |
| 8 Feb 2023 | £362,421 | £360,000 | 3 PROVENDER WALK |
| 31 Jan 2023 | £184,242 | £183,750 | J & W ENGINEERING THE SHIPYARD |
| 25 Aug 2022 | £140,658 | £140,000 | THORNHILL ENGINEERING THE SHIPYARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faversham Reach |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faversham Reach |
| Jul 2024 | Other theft | Awaiting court outcome | On or near Waterside Close |
| May 2024 | Anti-social behaviour | On or near Waterside Close | |
| May 2024 | Anti-social behaviour | On or near Waterside Close |