£684,223
This estimated value is based upon the latest sale price for the house of £565,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£565,000 | 12 Jun 2020 |
£565,000 | 12 Jun 2020 |
£465,000 | 26 Feb 2013 |
£450,000 | 4 Jul 2008 |
£425,000 | 3 Oct 2003 |
£339,950 | 31 Oct 2001 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 2020 the House Price Index for KENT was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £565,000 results in an estimated price of approximately £684,223.
12 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £565,000 | £119,223 | £684,223 |
The Postcode Pricing Model uses changes in average sales price within the TN8 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 | 15.000 % | £84,750 | £649,750 |
3 Month Average | 0.225 % | £1,270 | £566,270 |
6 Month Average | -0.849 % | £-4,798 | £560,201 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £751,120 | £740,000 | 15 ORCHARD DRIVE |
31 Jul 2023 | £978,165 | £965,000 | 11 GOODWIN CLOSE |
6 Jul 2023 | £359,843 | £355,000 | 6 CROUCH HOUSE COTTAGES CROUCH HOUSE ROAD |
8 Feb 2023 | £949,361 | £950,000 | 7 GRESHAMS WAY |
15 Oct 2021 | £301,515 | £272,500 | 2 CROUCH HOUSE COTTAGES CROUCH HOUSE ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 17 Jul 2018. Using an estimated price of £684,224 means this house is valued at £4,751 per sq meter (£441 per sq foot).
The average size of a house on GRESHAMS WAY is 153 sq meters (1,654 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Chiltenhurst | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hill Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goodwood Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |