£721,767
This estimated value is based upon the latest sale price for the house of £417,500 on 3 Oct 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £417,500 | 3 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,456 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 October 2011 the House Price Index for KENT was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £417,500 results in an estimated price of approximately £721,767.
| 3 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £417,500 | £304,267 | £721,767 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 34.309 % | £143,239 | £560,739 |
| 3 Month Average | 83.459 % | £348,442 | £765,942 |
| 6 Month Average | 84.306 % | £351,977 | £769,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £607,771 | £600,000 | 18 EDMANSON AVENUE |
| 9 Aug 2023 | £580,075 | £575,000 | 12 EDMANSON AVENUE |
| 24 Sep 2021 | £1,373,930 | £1,275,000 | 44 ROYAL ESPLANADE |
| 10 Nov 2020 | £533,303 | £460,000 | 17 EDMANSON AVENUE |
| 21 Oct 2020 | £492,695 | £420,000 | 18 FITZMARY AVENUE |
This house has a floor area of 135 sq meters or 1,456 sq feet when measured on 25 Jun 2011. Using an estimated price of £721,767 means this house is valued at £5,335 per sq meter (£495 per sq foot).
The average size of a house on ROYAL ESPLANADE is 163 sq meters (1,758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowes Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edmanson Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Tyson Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Boleyn Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Audley Avenue |