£538,725
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Jul 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£350,000 | 17 Jul 2014 |
£275,000 | 16 Dec 2011 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 July 2014 the House Price Index for KENT was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £350,000 results in an estimated price of approximately £538,725.
17 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £350,000 | £188,725 | £538,725 |
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 | 12.608 % | £44,127 | £394,127 |
3 Month Average | 34.654 % | £121,289 | £471,289 |
6 Month Average | 43.412 % | £151,940 | £501,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £259,860 | £255,000 | 106 OSPRINGE ROAD |
27 Jan 2023 | £300,804 | £300,000 | 117 THE KNOLE |
26 Jan 2023 | £436,165 | £435,000 | 17 ARTHUR SALMON CLOSE |
30 Jun 2022 | £418,956 | £410,000 | 5 ARTHUR SALMON CLOSE |
17 Jun 2022 | £376,038 | £368,000 | 93 THE KNOLE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Mar 2014. Using an estimated price of £538,725 means this house is valued at £5,130 per sq meter (£476 per sq foot).
The average size of a house on LOWER ROAD is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Close |
May 2024 | Drugs | Awaiting court outcome | On or near Lower Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ospringe Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ospringe Road |