£424,877
This estimated value is based upon the latest sale price for the house of £236,500 on 1 Sep 2009. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£236,500 | 1 Sep 2009 |
£96,000 | 8 Dec 1999 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 587 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 September 2009 the House Price Index for KENT was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £236,500 results in an estimated price of approximately £424,877.
1 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £236,500 | £188,377 | £424,877 |
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 | 69.968 % | £165,474 | £401,974 |
3 Month Average | 70.382 % | £166,452 | £402,952 |
6 Month Average | 81.106 % | £191,815 | £428,315 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £636,148 | £620,000 | 44 PRESTON GROVE |
27 Oct 2023 | £299,809 | £293,000 | 2 NELSON TERRACE |
8 Jun 2023 | £772,991 | £757,500 | 24 PRESTON LANE |
7 Jun 2023 | £494,918 | £485,000 | 13 THE MALL |
31 Jan 2023 | £220,589 | £220,000 | FLAT 9 48 PRESTON GROVE |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 24 Apr 2009. Using an estimated price of £424,877 means this house is valued at £7,787 per sq meter (£723 per sq foot).
The average size of a house on PRESTON GROVE is 135 sq meters (1,454 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (587 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nelson Street |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Street |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Edith Road |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Edith Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Mall |