£294,071
This estimated value is based upon the latest sale price for the house of £227,500 on 3 Apr 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £227,500 | 3 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2017 the House Price Index for KENT was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £227,500 results in an estimated price of approximately £294,071.
| 3 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £227,500 | £66,571 | £294,071 |
The Postcode Pricing Model uses changes in average sales price within the TN8 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 | 74.713 % | £169,971 | £397,471 |
| 3 Month Average | -3.129 % | £-7,118 | £220,381 |
| 6 Month Average | 17.326 % | £39,416 | £266,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £343,001 | £340,000 | 10 SPEEDWELL CLOSE |
| 21 Jul 2023 | £290,409 | £286,500 | 8 HERON CLOSE |
| 9 Feb 2023 | £249,832 | £250,000 | 13 HERON CLOSE |
| 26 Aug 2022 | £648,255 | £650,000 | 4 RIDGE WAY |
| 15 Jul 2022 | £285,769 | £285,000 | 3 MALLARD WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Nov 2016. Using an estimated price of £294,072 means this house is valued at £3,419 per sq meter (£317 per sq foot).
The average size of a house on MAGPIE GREEN is 132 sq meters (1,425 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caxton Close |