£374,310
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 27 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2014 the House Price Index for KENT was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £250,000 results in an estimated price of approximately £374,310.
| 27 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £250,000 | £124,310 | £374,310 |
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 | 114.774 % | £286,934 | £536,934 |
| 3 Month Average | 48.315 % | £120,788 | £370,788 |
| 6 Month Average | 48.647 % | £121,618 | £371,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £263,907 | £260,000 | 48 OSPRINGE ROAD |
| 9 Aug 2023 | £448,927 | £445,000 | 9 OSPRINGE ROAD |
| 2 Feb 2023 | £489,670 | £490,000 | 31 OSPRINGE ROAD |
| 7 Nov 2022 | £306,290 | £310,000 | 26 OSPRINGE ROAD |
| 19 Jul 2022 | £295,796 | £295,000 | 36 OSPRINGE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Jun 2014. Using an estimated price of £374,311 means this house is valued at £4,509 per sq meter (£418 per sq foot).
The average size of a house on BEECH CLOSE is 115 sq meters (1,246 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beech Close |
| Feb 2024 | Other crime | Under investigation | On or near Beech Close |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Beech Close |
| Feb 2024 | Possession of weapons | Under investigation | On or near Beech Close |
| Feb 2024 | Public order | Under investigation | On or near Beech Close |