£232,557
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Jul 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£140,000 | 17 Jul 2013 |
£89,995 | 15 Nov 2002 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 sq feet |
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 2013 the House Price Index for KENT was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £140,000 results in an estimated price of approximately £232,557.
17 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £140,000 | £92,557 | £232,557 |
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 | 142.355 % | £199,297 | £339,297 |
3 Month Average | 71.805 % | £100,526 | £240,526 |
6 Month Average | 70.622 % | £98,871 | £238,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £393,442 | £390,000 | 56 OSPRINGE STREET |
7 Aug 2023 | £196,721 | £195,000 | 21 OSPRINGE STREET |
1 Mar 2023 | £353,329 | £350,000 | 31 OSPRINGE STREET |
26 Jan 2023 | £156,264 | £157,000 | FLAT 8 LION YARD GROVE PLACE |
16 Sep 2022 | £173,598 | £175,000 | FLAT 1 14 - 16 OSPRINGE STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 18 Jul 2018. Using an estimated price of £232,557 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on GROVE PLACE is 52 sq meters (569 sq feet).
This house is the largest in the street with a floor area of 60 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Local resolution | On or near Ospringe Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near The Fairways |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Fairways |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Fairways |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Fairways |