£294,757
This estimated value is based upon the latest sale price for the house of £172,500 on 28 May 2010. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £172,500 | 28 May 2010 |
| £168,000 | 14 May 2007 |
| £134,995 | 29 Aug 2003 |
| £63,995 | 20 Nov 1998 |
| £58,950 | 15 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 722 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 2010 the House Price Index for KENT was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £172,500 results in an estimated price of approximately £294,757.
| 28 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £172,500 | £122,257 | £294,757 |
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 | 46.464 % | £80,150 | £252,650 |
| 3 Month Average | 56.718 % | £97,837 | £270,337 |
| 6 Month Average | 69.441 % | £119,785 | £292,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £327,050 | £317,000 | 4 SHEERWAYS |
| 17 Aug 2023 | £397,163 | £390,000 | 56 OSPRINGE STREET |
| 27 Jan 2023 | £287,318 | £286,550 | 6 SHEERWAYS |
| 26 Jan 2023 | £157,421 | £157,000 | FLAT 8 LION YARD GROVE PLACE |
| 30 Jun 2022 | £282,029 | £276,000 | 53 OSPRINGE STREET |
This house has a floor area of 67 sq meters or 722 sq feet when measured on 17 Mar 2010. Using an estimated price of £294,757 means this house is valued at £4,392 per sq meter (£408 per sq foot).
The average size of a house on SHEERWAYS is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sheerways | |
| Apr 2024 | Anti-social behaviour | On or near Sheerways | |
| Apr 2024 | Anti-social behaviour | On or near Sheerways | |
| Apr 2024 | Drugs | Local resolution | On or near Sheerways |
| Apr 2024 | Anti-social behaviour | On or near Sheerways |