£489,865
This estimated value is based upon the latest sale price for the house of £360,000 on 15 Mar 2016. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Milford Close
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| Price Paid | Date |
|---|---|
| £360,000 | 15 Mar 2016 |
| £145,000 | 23 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 March 2016 the House Price Index for KENT was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £360,000 results in an estimated price of approximately £489,865.
| 15 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £360,000 | £129,865 | £489,865 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | -26.149 % | £-94,135 | £265,864 |
| 3 Month Average | 15.654 % | £56,353 | £416,353 |
| 6 Month Average | 33.872 % | £121,938 | £481,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £345,305 | £340,000 | 20 SHAFTESBURY DRIVE |
| 30 Nov 2023 | £482,241 | £470,000 | 3 MILFORD CLOSE |
| 16 Jun 2023 | £464,305 | £455,000 | 19 LANGDALE RISE |
| 28 Feb 2023 | £604,035 | £600,000 | 64 LANGDALE RISE |
| 23 Feb 2023 | £442,959 | £440,000 | 41 SHAFTESBURY DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Feb 2015. Using an estimated price of £489,865 means this house is valued at £4,082 per sq meter (£379 per sq foot).
The average size of a house on LANGDALE RISE is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Milford Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenward Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Shaftesbury Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sterling Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trapham Road |