£281,377
This estimated value is based upon the latest sale price for the house of £222,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £222,000 | 22 Sep 2017 |
| £130,000 | 16 Mar 2012 |
| £57,000 | 16 Sep 1999 |
| £44,500 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 492 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 2017 the House Price Index for KENT was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £222,000 results in an estimated price of approximately £281,377.
| 22 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £222,000 | £59,377 | £281,377 |
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 | 63.292 % | £140,508 | £362,508 |
| 3 Month Average | 17.002 % | £37,743 | £259,743 |
| 6 Month Average | 29.899 % | £66,375 | £288,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £432,569 | £425,000 | 4 DAN DRIVE |
| 2 Jun 2023 | £360,365 | £356,000 | 3 IVORY CLOSE |
| 1 Mar 2023 | £227,140 | £225,000 | 28 IVORY CLOSE |
| 1 Apr 2022 | £272,897 | £265,000 | 24 IVORY CLOSE |
| 30 Mar 2022 | £264,247 | £255,000 | 10 IVORY CLOSE |
This house has a floor area of 45 sq meters or 492 sq feet when measured on 19 Feb 2009. Using an estimated price of £281,377 means this house is valued at £6,146 per sq meter (£571 per sq foot).
The average size of a house on IVORY CLOSE is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ivory Close | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ivory Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivory Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivory Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivory Close |