£287,712
This estimated value is based upon the latest sale price for the house of £189,995 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £189,995 | 29 Aug 2014 |
| £132,000 | 3 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 August 2014 the House Price Index for KENT was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £189,995 results in an estimated price of approximately £287,712.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £189,995 | £97,717 | £287,712 |
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 | 89.725 % | £170,473 | £360,468 |
| 3 Month Average | 46.829 % | £88,971 | £278,966 |
| 6 Month Average | 57.768 % | £109,755 | £299,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £629,317 | £620,000 | 44 PRESTON GROVE |
| 14 Jul 2023 | £344,638 | £340,000 | 53 THE MALL |
| 8 Jun 2023 | £766,788 | £757,500 | 24 PRESTON LANE |
| 7 Jun 2023 | £490,947 | £485,000 | 13 THE MALL |
| 19 Jan 2023 | £278,687 | £280,000 | 3 NELSON TERRACE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Apr 2014. Using an estimated price of £287,713 means this house is valued at £5,994 per sq meter (£556 per sq foot).
The average size of a house on NELSON GARDENS is 75 sq meters (808 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Mall |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Mall |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Mar 2024 | Anti-social behaviour | On or near The Close | |
| Mar 2024 | Anti-social behaviour | On or near The Close |