£278,321
This estimated value is based upon the latest sale price for the house of £272,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £272,000 | 27 Oct 2023 |
| £250,000 | 4 Dec 2020 |
| £136,000 | 13 Aug 2010 |
| £69,995 | 10 Mar 2000 |
| £45,000 | 19 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2023 the House Price Index for KENT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £272,000 results in an estimated price of approximately £278,321.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £272,000 | £6,321 | £278,321 |
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 | -13.127 % | £-35,706 | £236,293 |
| 3 Month Average | 0.813 % | £2,210 | £274,210 |
| 6 Month Average | -5.121 % | £-13,927 | £258,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £278,321 | £272,000 | 8 VICTORIA PLACE |
| 24 Oct 2023 | £255,810 | £250,000 | 12 DORSET PLACE |
| 20 Oct 2023 | £299,093 | £292,300 | 21 ROMAN ROAD |
| 30 Jun 2023 | £301,033 | £295,000 | 47 STONE STREET |
| 23 Jun 2023 | £311,237 | £305,000 | 19 DORSET PLACE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 22 Feb 2020. Using an estimated price of £278,321 means this house is valued at £5,251 per sq meter (£487 per sq foot).
The average size of a house on VICTORIA PLACE is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Local resolution | On or near Union Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Union Street |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Union Street |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |