£369,942
This estimated value is based upon the latest sale price for the house of £261,000 on 21 Oct 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£261,000 | 21 Oct 2015 |
£105,500 | 31 May 2000 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 October 2015 the House Price Index for KENT was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £261,000 results in an estimated price of approximately £369,942.
21 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £261,000 | £108,942 | £369,942 |
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 | -35.429 % | £-92,469 | £168,530 |
3 Month Average | 16.997 % | £44,361 | £305,361 |
6 Month Average | 35.671 % | £93,100 | £354,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £479,611 | £470,000 | 27 HAZLITT DRIVE |
28 Feb 2023 | £805,380 | £800,000 | FOXBURY GIDDYHORN LANE |
12 Sep 2022 | £374,750 | £375,000 | 1 RIVERHEAD CLOSE |
8 Jul 2022 | £505,061 | £500,000 | 22 HAZLITT DRIVE |
26 Apr 2022 | £373,472 | £360,000 | 29 CHIPSTEAD CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 May 2015. Using an estimated price of £369,942 means this house is valued at £4,804 per sq meter (£446 per sq foot).
The average size of a house on RIVERHEAD CLOSE is 78 sq meters (849 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near London Road | |
Jun 2024 | Anti-social behaviour | On or near London Road | |
May 2024 | Criminal damage and arson | Awaiting court outcome | On or near London Road |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Parking Area |