£335,174
This estimated value is based upon the latest sale price for the house of £270,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £270,000 | 16 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £270,000 results in an estimated price of approximately £335,174.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £270,000 | £65,174 | £335,174 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 2.187 % | £5,905 | £275,905 |
| 3 Month Average | 17.184 % | £46,396 | £316,396 |
| 6 Month Average | 20.195 % | £54,527 | £324,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £438,672 | £437,500 | 193 MILLMEAD ROAD |
| 31 Aug 2022 | £502,349 | £500,000 | 57 FORELAND AVENUE |
| 14 Jun 2022 | £393,410 | £385,000 | 9 MILLMEAD GARDENS |
| 10 Jun 2022 | £500,703 | £490,000 | 1 QUEEN ELIZABETH AVENUE |
| 29 Apr 2022 | £283,216 | £273,000 | 27 FRIENDS AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 May 2018. Using an estimated price of £335,175 means this house is valued at £3,683 per sq meter (£342 per sq foot).
The average size of a house on MILLMEAD ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near St Marys Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Marys Avenue |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near St Marys Avenue |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Millmead Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Avenue |