£304,860
This estimated value is based upon the latest sale price for the house of £268,000 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£268,000 | 30 Apr 2021 |
£245,000 | 15 Feb 2019 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 April 2021 the House Price Index for KENT was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £268,000 results in an estimated price of approximately £304,860.
30 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £268,000 | £36,860 | £304,860 |
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 | -29.766 % | £-79,773 | £188,226 |
3 Month Average | -24.758 % | £-66,352 | £201,647 |
6 Month Average | -8.234 % | £-22,067 | £245,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £270,973 | £265,000 | 20 WATER LANE |
17 Aug 2023 | £397,163 | £390,000 | 56 OSPRINGE STREET |
7 Aug 2023 | £198,582 | £195,000 | 21 OSPRINGE STREET |
1 Mar 2023 | £355,944 | £350,000 | 31 OSPRINGE STREET |
26 Jan 2023 | £157,421 | £157,000 | FLAT 8 LION YARD GROVE PLACE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Jan 2018. Using an estimated price of £304,860 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on OSPRINGE STREET is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Sheerways | |
Apr 2024 | Anti-social behaviour | On or near Sheerways | |
Apr 2024 | Drugs | Local resolution | On or near Sheerways |