£239,260
This estimated value is based upon the latest sale price for the house of £165,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £165,000 | 10 Jul 2015 |
| £53,500 | 16 Apr 1999 |
| £34,000 | 14 Feb 1996 |
| Terraced |
| Freehold |
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 2015 the House Price Index for KENT was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £165,000 results in an estimated price of approximately £239,260.
| 10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £165,000 | £74,260 | £239,260 |
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 | 16.349 % | £26,975 | £191,975 |
| 3 Month Average | 19.881 % | £32,803 | £197,803 |
| 6 Month Average | 33.561 % | £55,376 | £220,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £176,533 | £175,000 | 8 THE TERRACE |
| 5 Mar 2024 | £319,915 | £315,000 | ROSE VILLA LOWER ROAD |
| 8 Dec 2023 | £327,050 | £317,000 | 4 SHEERWAYS |
| 2 Oct 2023 | £291,623 | £285,000 | 108 LOWER ROAD |
| 17 Aug 2023 | £397,163 | £390,000 | 56 OSPRINGE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Court |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Nicholas Road |
| 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 |