£455,992
This estimated value is based upon the latest sale price for the house of £425,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £425,000 | 24 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2021 the House Price Index for KENT was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £425,000 results in an estimated price of approximately £455,992.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £425,000 | £30,992 | £455,992 |
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 | 28.839 % | £122,566 | £547,566 |
| 3 Month Average | -11.452 % | £-48,672 | £376,327 |
| 6 Month Average | -11.684 % | £-49,656 | £375,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £469,423 | £465,000 | 17 ABBEY ROAD |
| 14 Feb 2023 | £484,674 | £485,000 | 24 LAKESIDE AVENUE |
| 23 Sep 2022 | £634,873 | £640,000 | 25 WATERSIDE CLOSE |
| 12 Aug 2022 | £399,924 | £401,000 | 10 ABBEY ROAD |
| 9 Jun 2022 | £608,601 | £600,000 | 26 WATERSIDE CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 23 Apr 2019. Using an estimated price of £455,993 means this house is valued at £4,559 per sq meter (£423 per sq foot).
The average size of a house on NEW CREEK ROAD is 161 sq meters (1,738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chambers Wharf Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbey Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lammas Gate |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lammas Gate |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lammas Gate |