£456,424
This estimated value is based upon the latest sale price for the house of £370,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £370,000 | 7 Dec 2018 |
| £227,000 | 12 Jul 2006 |
| £71,250 | 17 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for KENT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £370,000 results in an estimated price of approximately £456,424.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £370,000 | £86,424 | £456,424 |
The Postcode Pricing Model uses changes in average sales price within the TN4 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 | -47.096 % | £-174,256 | £195,743 |
| 3 Month Average | 57.268 % | £211,890 | £581,890 |
| 6 Month Average | 20.124 % | £74,458 | £444,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £845,815 | £835,000 | 1 MEREWORTH ROAD |
| 26 Sep 2023 | £835,685 | £825,000 | 13 EAST CLIFF ROAD |
| 25 Aug 2023 | £847,413 | £840,000 | 11 EAST CLIFF ROAD |
| 18 Aug 2023 | £469,104 | £465,000 | 23 SOUTHWOOD AVENUE |
| 14 Jul 2023 | £658,868 | £650,000 | 29 MEREWORTH ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Apr 2018. Using an estimated price of £456,424 means this house is valued at £6,085 per sq meter (£565 per sq foot).
The average size of a house on SOUTHWOOD AVENUE is 122 sq meters (1,313 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given a caution | On or near East Cliff Road |
| Feb 2024 | Possession of weapons | Under investigation | On or near Mereworth Road |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near St John'S Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Currie Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Shaftesbury Road |