£402,893
This estimated value is based upon the latest sale price for the house of £325,000 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £325,000 | 7 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2019 the House Price Index for KENT was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £325,000 results in an estimated price of approximately £402,893.
| 7 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £325,000 | £77,893 | £402,893 |
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 | -37.236 % | £-121,017 | £203,982 |
| 3 Month Average | -9.423 % | £-30,623 | £294,376 |
| 6 Month Average | 1.069 % | £3,473 | £328,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £266,772 | £260,000 | 48 OSPRINGE ROAD |
| 9 Aug 2023 | £453,173 | £445,000 | 9 OSPRINGE ROAD |
| 2 Feb 2023 | £493,295 | £490,000 | 31 OSPRINGE ROAD |
| 7 Nov 2022 | £308,557 | £310,000 | 26 OSPRINGE ROAD |
| 19 Jul 2022 | £297,986 | £295,000 | 36 OSPRINGE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 8 Apr 2019. Using an estimated price of £402,894 means this house is valued at £4,196 per sq meter (£389 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 |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chart Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chart Close |