£380,240
This estimated value is based upon the latest sale price for the house of £292,000 on 24 Apr 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £292,000 | 24 Apr 2017 |
| £188,000 | 7 Jan 2011 |
| £180,000 | 25 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2017 the House Price Index for KENT was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £292,000 results in an estimated price of approximately £380,240.
| 24 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £292,000 | £88,240 | £380,240 |
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 | 2.881 % | £8,412 | £300,412 |
| 3 Month Average | 11.876 % | £34,677 | £326,677 |
| 6 Month Average | 16.651 % | £48,620 | £340,620 |
| 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 |
| 2 Oct 2023 | £291,623 | £285,000 | 108 LOWER ROAD |
| 9 Sep 2022 | £324,783 | £325,000 | 96 LOWER ROAD |
| 5 Apr 2022 | £321,601 | £310,000 | 101 ST NICHOLAS ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 27 Apr 2010. Using an estimated price of £380,240 means this house is valued at £4,874 per sq meter (£452 per sq foot).
The average size of a house on LOWER ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wheler Court |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Paul'S Avenue |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near St Paul'S Avenue |
| Jul 2024 | Other crime | Under investigation | On or near St Paul'S Avenue |
| Jul 2024 | Burglary | Under investigation | On or near St Paul'S Avenue |