£232,463
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 7 Feb 2020 |
| £87,500 | 18 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 645 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 February 2020 the House Price Index for KENT was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £190,000 results in an estimated price of approximately £232,463.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £190,000 | £42,463 | £232,463 |
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 | 147.667 % | £280,567 | £470,567 |
| 3 Month Average | 7.360 % | £13,984 | £203,984 |
| 6 Month Average | 14.343 % | £27,252 | £217,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £393,442 | £390,000 | 56 OSPRINGE STREET |
| 7 Aug 2023 | £196,721 | £195,000 | 21 OSPRINGE STREET |
| 1 Mar 2023 | £353,329 | £350,000 | 31 OSPRINGE STREET |
| 26 Jan 2023 | £156,264 | £157,000 | FLAT 8 LION YARD GROVE PLACE |
| 16 Sep 2022 | £173,598 | £175,000 | FLAT 1 14 - 16 OSPRINGE STREET |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 7 Aug 2010. Using an estimated price of £232,463 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on GROVE PLACE is 52 sq meters (569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Ospringe Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Fairways |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Fairways |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Fairways |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Fairways |