£1,099,052
This estimated value is based upon the latest sale price for the house of £645,000 on 19 Dec 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £645,000 | 19 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 449 sq meters or 4,841 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 December 2012 the House Price Index for KENT was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £645,000 results in an estimated price of approximately £1,099,052.
| 19 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £645,000 | £454,052 | £1,099,052 |
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 | 38.864 % | £250,671 | £895,671 |
| 3 Month Average | 89.267 % | £575,769 | £1,220,769 |
| 6 Month Average | 78.500 % | £506,325 | £1,151,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £511,620 | £500,000 | 31 GRESHAM AVENUE |
| 11 Sep 2023 | £713,222 | £697,500 | 9 GRESHAM AVENUE |
| 9 Aug 2023 | £656,847 | £645,000 | 6 BARNES AVENUE |
| 18 Apr 2023 | £535,007 | £525,000 | 30 BARNES AVENUE |
| 14 Jun 2022 | £648,870 | £635,000 | 28 GRESHAM AVENUE |
This house has a floor area of 449 sq meters or 4,841 sq feet when measured on 10 May 2011. Using an estimated price of £1,099,052 means this house is valued at £2,443 per sq meter (£227 per sq foot).
The average size of a house on ROYAL ESPLANADE is 163 sq meters (1,758 sq feet).
This house is the largest in the street with a floor area of 449 sq meters (4,841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pembroke Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pembroke Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pembroke Avenue |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Pembroke Avenue |