£1,012,951
This estimated value is based upon the latest sale price for the house of £1,000,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Alexandre House, 399 Crofton Road, Locksbottom, Kent, BR6 8NL
Phone: 01689867106
| Price Paid | Date |
|---|---|
| £1,000,000 | 8 Sep 2023 |
| £787,500 | 29 Jun 2016 |
| £400,000 | 2 May 2013 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,012,951.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £1,000,000 | £12,951 | £1,012,951 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 125.720 % | £1,257,197 | £2,257,197 |
| 3 Month Average | 11.452 % | £114,517 | £1,114,517 |
| 6 Month Average | 5.633 % | £56,332 | £1,056,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £634,392 | £625,000 | 9 BARHAM CLOSE |
| 9 Nov 2023 | £487,213 | £480,000 | 1 BARHAM CLOSE |
| 8 Sep 2023 | £1,012,952 | £1,000,000 | 2 GRAVEL ROAD |
| 19 Aug 2022 | £851,707 | £854,000 | 44 GRAVEL ROAD |
| 11 Feb 2022 | £408,991 | £390,000 | 123 HASTINGS ROAD |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 11 Jan 2016. Using an estimated price of £1,012,952 means this house is valued at £5,194 per sq meter (£482 per sq foot).
The average size of a house on GRAVEL ROAD is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Bus/Coach Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |
| Apr 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Mar 2024 | Other theft | Under investigation | On or near Bus/Coach Station |
| Feb 2024 | Robbery | Under investigation | On or near Bus/Coach Station |