£374,314
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Jun 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 6 Jun 2017 |
| £79,228 | 5 Aug 2005 |
| £47,500 | 28 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2017 the House Price Index for KENT was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £290,000 results in an estimated price of approximately £374,314.
| 6 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £290,000 | £84,314 | £374,314 |
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 | 8.870 % | £25,723 | £315,723 |
| 3 Month Average | 38.753 % | £112,383 | £402,383 |
| 6 Month Average | 34.546 % | £100,184 | £390,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £138,516 | £135,000 | FLAT 29 NORTHUMBERLAND COURT NORTHUMBERLAND AVENUE |
| 3 Aug 2023 | £204,692 | £201,000 | 8 LEICESTER COURT LEICESTER AVENUE |
| 29 Apr 2022 | £140,052 | £135,000 | FLAT T GOODWIN COURT LEICESTER AVENUE |
| 4 Mar 2022 | £356,242 | £341,250 | 1 OCEAN VIEW, 20 PALM BAY AVENUE |
| 14 Feb 2022 | £200,727 | £190,000 | 1 LEICESTER COURT LEICESTER AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Nov 2015. Using an estimated price of £374,315 means this house is valued at £4,678 per sq meter (£434 per sq foot).
The average size of a house on PALM BAY AVENUE is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northumberland Mews |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palm Bay Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palm Bay Avenue |
| May 2024 | Anti-social behaviour | On or near Palm Bay Avenue | |
| May 2024 | Anti-social behaviour | On or near Palm Bay Avenue |