£560,297
This estimated value is based upon the latest sale price for the house of £370,000 on 25 Aug 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £370,000 | 25 Aug 2014 |
| £113,000 | 5 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 August 2014 the House Price Index for KENT was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £370,000 results in an estimated price of approximately £560,297.
| 25 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £370,000 | £190,297 | £560,297 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 57.719 % | £213,562 | £583,562 |
| 3 Month Average | 60.329 % | £223,217 | £593,217 |
| 6 Month Average | 59.217 % | £219,101 | £589,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £477,063 | £470,000 | 3 MILFORD CLOSE |
| 26 Jul 2023 | £648,731 | £640,000 | 12 TRAPHAM ROAD |
| 16 Jun 2023 | £460,579 | £455,000 | 19 LANGDALE RISE |
| 28 Feb 2023 | £599,597 | £600,000 | 64 LANGDALE RISE |
| 6 Jan 2023 | £535,478 | £538,000 | 18 TRAPHAM ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 Jul 2015. Using an estimated price of £560,298 means this house is valued at £4,830 per sq meter (£448 per sq foot).
The average size of a house on MILFORD CLOSE is 142 sq meters (1,532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trapham Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Trapham Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Court Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elvington Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elvington Close |