£497,660
This estimated value is based upon the latest sale price for the house of £385,000 on 12 Apr 2017. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Milford Close
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| Price Paid | Date |
|---|---|
| £385,000 | 12 Apr 2017 |
| £148,000 | 29 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,501 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 April 2017 the House Price Index for KENT was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £385,000 results in an estimated price of approximately £497,660.
| 12 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £385,000 | £112,660 | £497,660 |
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 | 40.260 % | £154,999 | £539,999 |
| 3 Month Average | 29.586 % | £113,906 | £498,906 |
| 6 Month Average | 25.266 % | £97,274 | £482,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £477,063 | £470,000 | 3 MILFORD CLOSE |
| 26 Jul 2023 | £648,731 | £640,000 | 12 TRAPHAM ROAD |
| 16 Jun 2023 | £460,579 | £455,000 | 19 LANGDALE RISE |
| 28 Feb 2023 | £599,597 | £600,000 | 64 LANGDALE RISE |
| 6 Jan 2023 | £535,478 | £538,000 | 18 TRAPHAM ROAD |
This house has a floor area of 139 sq meters or 1,501 sq feet when measured on 24 Oct 2008. Using an estimated price of £497,660 means this house is valued at £3,566 per sq meter (£331 per sq foot).
The average size of a house on MILFORD CLOSE is 142 sq meters (1,532 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,501 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Milford Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Trapham Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trapham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trapham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trapham Road |