£498,657
This estimated value is based upon the latest sale price for the house of £500,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £500,000 | 31 Aug 2022 |
| £325,000 | 3 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2022 the House Price Index for KENT was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £500,000 results in an estimated price of approximately £498,657.
| 31 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £500,000 | £-1,342 | £498,657 |
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 | -31.618 % | £-158,090 | £341,909 |
| 3 Month Average | -18.333 % | £-91,663 | £408,336 |
| 6 Month Average | -13.159 % | £-65,793 | £434,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £430,346 | £423,975 | 26 WEST PARK AVENUE |
| 14 Sep 2023 | £349,468 | £345,000 | 33 DALMENY AVENUE |
| 31 Aug 2022 | £498,658 | £500,000 | 57 FORELAND AVENUE |
| 14 Jun 2022 | £390,519 | £385,000 | 9 MILLMEAD GARDENS |
| 1 Apr 2022 | £478,857 | £465,000 | 21 WEST PARK AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 26 Sep 2016. Using an estimated price of £498,658 means this house is valued at £4,533 per sq meter (£421 per sq foot).
The average size of a house on FORELAND AVENUE is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Friendly Close |
| Apr 2024 | Public order | Under investigation | On or near Millmead Gardens |
| Mar 2024 | Drugs | Further investigation is not in the public interest | On or near The Paddocks |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Paddocks |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Paddocks |