£754,502
This estimated value is based upon the latest sale price for the house of £440,000 on 24 Jul 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £440,000 | 24 Jul 2012 |
| £365,500 | 9 Dec 2005 |
| £270,000 | 14 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,264 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 2012 the House Price Index for KENT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £440,000 results in an estimated price of approximately £754,502.
| 24 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £440,000 | £314,502 | £754,502 |
The Postcode Pricing Model uses changes in average sales price within the TN10 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 | 24.933 % | £109,705 | £549,705 |
| 3 Month Average | 50.826 % | £223,635 | £663,635 |
| 6 Month Average | 58.683 % | £258,205 | £698,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £535,731 | £527,500 | 30 ORCHARD DRIVE |
| 10 Nov 2023 | £564,325 | £550,000 | 16 GREENTREES AVENUE |
| 13 Sep 2023 | £467,301 | £457,000 | 9 GREENTREES AVENUE |
| 12 Sep 2023 | £460,143 | £450,000 | 18 GREENTREES AVENUE |
| 5 Sep 2023 | £536,834 | £525,000 | 40 ORCHARD DRIVE |
This house has a floor area of 117 sq meters or 1,264 sq feet when measured on 10 Jun 2011. Using an estimated price of £754,503 means this house is valued at £6,422 per sq meter (£596 per sq foot).
The average size of a house on ORCHARD DRIVE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cherry Grove |
| Jul 2024 | Drugs | Under investigation | On or near Cherry Grove |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Cherry Grove |
| May 2024 | Anti-social behaviour | On or near Cherry Grove | |
| May 2024 | Anti-social behaviour | On or near Cherry Grove |