£387,113
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Jun 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 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2014 the House Price Index for KENT was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £250,000 results in an estimated price of approximately £387,113.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £250,000 | £137,113 | £387,113 |
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 | 23.239 % | £58,097 | £308,097 |
| 3 Month Average | 44.642 % | £111,604 | £361,604 |
| 6 Month Average | 45.714 % | £114,284 | £364,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £340,000 | £340,000 | 17 CRESSWAY |
| 1 Jul 2024 | £260,500 | £260,500 | 89 HAZEBROUCK ROAD |
| 28 Apr 2023 | £468,768 | £460,000 | 23 CRESSWAY |
| 27 Apr 2023 | £305,718 | £300,000 | 83 LION FIELD |
| 6 Jan 2023 | £320,857 | £320,000 | 58 WALLERS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Feb 2014. Using an estimated price of £387,113 means this house is valued at £5,302 per sq meter (£492 per sq foot).
The average size of a house on LOWER ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Awaiting court outcome | On or near Lower Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Road |
| Jul 2024 | Public order | Under investigation | On or near Judd Road |
| May 2024 | Public order | Under investigation | On or near Judd Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Judd Road |