£358,262
This estimated value is based upon the latest sale price for the house of £290,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 22 Mar 2019 |
| £148,125 | 13 Jun 2005 |
| £197,500 | 10 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £290,000 results in an estimated price of approximately £358,262.
| 22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £290,000 | £68,262 | £358,262 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | -10.474 % | £-30,375 | £259,624 |
| 3 Month Average | 5.462 % | £15,839 | £305,839 |
| 6 Month Average | -14.903 % | £-43,219 | £246,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £70,907 | £70,000 | 27A HOMERSHAM |
| 31 Jul 2023 | £202,729 | £200,000 | 27 HOMERSHAM |
| 30 Jun 2023 | £310,258 | £306,500 | 26 GILBERT WAY |
| 27 Jan 2023 | £179,156 | £180,000 | FLAT 1 FORGE HOUSE, 6 HOLLOW LANE |
| 8 Aug 2022 | £217,415 | £218,000 | 16 HOLLOW LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Oct 2018. Using an estimated price of £358,262 means this house is valued at £5,347 per sq meter (£496 per sq foot).
The average size of a house on GILBERT WAY is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Awaiting court outcome | On or near St Jacob'S Place |
| Mar 2024 | Other crime | Awaiting court outcome | On or near St Jacob'S Place |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ada Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priory Of St Jacob |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priory Of St Jacob |