£427,485
This estimated value is based upon the latest sale price for the house of £343,500 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £343,500 | 28 Jan 2019 |
| £315,000 | 14 Feb 2017 |
| £115,500 | 25 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 January 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £343,500 results in an estimated price of approximately £427,485.
| 28 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £343,500 | £83,985 | £427,485 |
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 | 4.263 % | £14,644 | £358,144 |
| 3 Month Average | -0.126 % | £-431 | £343,068 |
| 6 Month Average | 3.108 % | £10,674 | £354,174 |
| 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 |
| 14 Feb 2023 | £488,262 | £485,000 | 24 LAKESIDE AVENUE |
| 8 Feb 2023 | £362,421 | £360,000 | 3 PROVENDER WALK |
| 31 Jan 2023 | £184,242 | £183,750 | J & W ENGINEERING THE SHIPYARD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Sep 2016. Using an estimated price of £427,486 means this house is valued at £5,624 per sq meter (£522 per sq foot).
The average size of a house on UPPER BRENTS is 90 sq meters (970 sq feet).
| 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 |