£334,568
This estimated value is based upon the latest sale price for the house of £260,000 on 22 May 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£260,000 | 22 May 2017 |
£247,500 | 26 Jun 2015 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 May 2017 the House Price Index for KENT was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £260,000 results in an estimated price of approximately £334,568.
22 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £260,000 | £74,568 | £334,568 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 87.892 % | £228,520 | £488,520 |
3 Month Average | 25.150 % | £65,389 | £325,389 |
6 Month Average | 21.422 % | £55,695 | £315,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £259,541 | £255,000 | 27 SOUTH PARK ROAD |
8 Dec 2023 | £239,185 | £235,000 | 157 PLAINS AVENUE |
24 Nov 2023 | £304,508 | £300,000 | 202 SOUTH PARK ROAD |
14 Aug 2023 | £312,736 | £310,000 | 140 SOUTH PARK ROAD |
20 Jan 2023 | £552,398 | £555,000 | 137A PLAINS AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Sep 2019. Using an estimated price of £334,569 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on SOUTH PARK ROAD is 81 sq meters (878 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Park Road |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Park Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Park Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |