£357,831
This estimated value is based upon the latest sale price for the house of £287,500 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £287,500 | 27 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £287,500 results in an estimated price of approximately £357,831.
| 27 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £287,500 | £70,331 | £357,831 |
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 | -31.414 % | £-90,316 | £197,183 |
| 3 Month Average | -0.292 % | £-838 | £286,661 |
| 6 Month Average | 6.281 % | £18,056 | £305,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £340,000 | £340,000 | 17 CRESSWAY |
| 28 Apr 2023 | £468,768 | £460,000 | 23 CRESSWAY |
| 27 Apr 2023 | £305,718 | £300,000 | 83 LION FIELD |
| 7 Apr 2022 | £311,227 | £300,000 | 55 LION FIELD |
| 22 Nov 2021 | £341,020 | £313,000 | 24 HAZEBROUCK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Oct 2018. Using an estimated price of £357,832 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on CRESSWAY is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Road |
| May 2024 | Drugs | Awaiting court outcome | On or near Lower Road |
| Jul 2024 | Public order | Under investigation | On or near Judd Road |
| May 2024 | Public order | Under investigation | On or near Judd Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Judd Road |