£450,055
This estimated value is based upon the latest sale price for the house of £277,000 on 18 Nov 2013. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Milford Close
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| Price Paid | Date |
|---|---|
| £277,000 | 18 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2013 the House Price Index for KENT was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £277,000 results in an estimated price of approximately £450,055.
| 18 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £277,000 | £173,055 | £450,055 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 68.916 % | £190,898 | £467,898 |
| 3 Month Average | 80.531 % | £223,069 | £500,069 |
| 6 Month Average | 67.016 % | £185,634 | £462,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £477,063 | £470,000 | 3 MILFORD CLOSE |
| 16 Jun 2023 | £460,579 | £455,000 | 19 LANGDALE RISE |
| 28 Feb 2023 | £599,597 | £600,000 | 64 LANGDALE RISE |
| 23 Feb 2023 | £439,704 | £440,000 | 41 SHAFTESBURY DRIVE |
| 25 Jul 2022 | £511,377 | £510,000 | 69 LANGDALE RISE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 28 Apr 2014. Using an estimated price of £450,056 means this house is valued at £3,147 per sq meter (£292 per sq foot).
The average size of a house on LANGDALE RISE is 119 sq meters (1,282 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Milford Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sterling Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sterling Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Warden Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Warden Close |