£374,249
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 902 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 January 2015 the House Price Index for KENT was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £250,000 results in an estimated price of approximately £374,249.
| 23 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £250,000 | £124,249 | £374,249 |
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 | -28.280 % | £-70,699 | £179,300 |
| 3 Month Average | 24.403 % | £61,006 | £311,006 |
| 6 Month Average | 40.721 % | £101,803 | £351,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £62,631 | £61,250 | 8 SANDLEWOOD COURT |
| 12 Aug 2022 | £376,762 | £375,000 | 13 CORIANDER DRIVE |
| 15 Jul 2022 | £161,619 | £160,000 | 6 SANDLEWOOD COURT |
| 8 Jul 2022 | £166,670 | £165,000 | 18 SANDLEWOOD COURT |
| 29 Mar 2022 | £304,828 | £292,000 | 3 SAGE COURT |
This house has a floor area of 83 sq meters or 902 sq feet when measured on 20 Jan 2011. Using an estimated price of £374,250 means this house is valued at £4,461 per sq meter (£414 per sq foot).
The average size of a house on HERMITAGE LANE is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coriander Drive |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Coriander Drive |
| Jun 2024 | Anti-social behaviour | On or near Coriander Drive | |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Coriander Drive |