£212,914
This estimated value is based upon the latest sale price for the house of £54,995 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£54,995 | 31 Mar 2000 |
£38,000 | 22 Feb 1995 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 March 2000 the House Price Index for KENT was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £54,995 results in an estimated price of approximately £212,914.
31 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 148.6 | 287.153 % | £54,995 | £157,919 | £212,914 |
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 | 441.153 % | £242,612 | £297,607 |
3 Month Average | 287.393 % | £158,051 | £213,046 |
6 Month Average | 299.238 % | £164,566 | £219,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £313,801 | £310,000 | 10 FOSTALL ROAD |
20 Mar 2023 | £285,692 | £283,000 | 14 KENNEDY CLOSE |
27 Jan 2023 | £303,570 | £305,000 | 9 BROOK ROAD |
9 Nov 2022 | £247,008 | £250,000 | 59 BROOMFIELD ROAD |
18 Jul 2022 | £402,082 | £401,000 | 37 UPPER BRENTS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Sep 2013. Using an estimated price of £212,915 means this house is valued at £2,289 per sq meter (£212 per sq foot).
The average size of a house on SPRINGHEAD ROAD is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springhead Road |
Mar 2024 | Anti-social behaviour | On or near Springhead Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springhead Road |
Mar 2024 | Drugs | Offender given a caution | On or near Springhead Road |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Springhead Road |