£325,442
This estimated value is based upon the latest sale price for the house of £321,500 on 6 Jun 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£321,500 | 6 Jun 2023 |
£155,000 | 20 Dec 2012 |
£70,000 | 9 Mar 2001 |
Semi-Detached |
Freehold |
Floor Area: 46 sq meters or 495 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 June 2023 the House Price Index for KENT was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £321,500 results in an estimated price of approximately £325,442.
6 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £321,500 | £3,942 | £325,442 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | -12.704 % | £-40,844 | £280,655 |
3 Month Average | -13.403 % | £-43,091 | £278,408 |
6 Month Average | -10.136 % | £-32,586 | £288,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £346,055 | £340,000 | 8 COXS CLOSE |
8 Sep 2023 | £243,107 | £239,999 | 18A TOWNSEND ROAD |
11 Aug 2023 | £191,677 | £190,000 | 75 MIDSUMMER ROAD |
10 Aug 2023 | £403,530 | £400,000 | 9 MIDSUMMER ROAD |
6 Jun 2023 | £325,442 | £321,500 | 77 MIDSUMMER ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 21 May 2012. Using an estimated price of £325,442 means this house is valued at £7,074 per sq meter (£657 per sq foot).
The average size of a house on MIDSUMMER ROAD is 60 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox'S Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox'S Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townsend Road |
Mar 2024 | Burglary | Under investigation | On or near Townsend Road |
Mar 2024 | Other crime | Under investigation | On or near Townsend Road |