£375,884
This estimated value is based upon the latest sale price for the house of £345,000 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£345,000 | 1 Nov 2021 |
£217,300 | 21 Feb 2007 |
£134,000 | 17 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 November 2021 the House Price Index for KENT was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £345,000 results in an estimated price of approximately £375,884.
1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £345,000 | £30,884 | £375,884 |
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 | -56.362 % | £-194,450 | £150,549 |
3 Month Average | -18.158 % | £-62,645 | £282,354 |
6 Month Average | 0.035 % | £120 | £345,120 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £388,831 | £380,000 | 53 ERNEST DRIVE |
1 Sep 2023 | £276,086 | £270,000 | 55 MAXWELL DRIVE |
29 Jun 2023 | £415,323 | £407,000 | 40 LEONARD CLOSE |
27 Jan 2023 | £343,668 | £342,750 | 20 MAXWELL DRIVE |
18 Jul 2022 | £378,796 | £375,000 | 49 ERNEST DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Aug 2021. Using an estimated price of £375,884 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on LEONARD CLOSE is 98 sq meters (1,060 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Drugs | Investigation complete; no suspect identified | On or near Trevor Drive |
May 2024 | Anti-social behaviour | On or near Trevor Drive | |
May 2024 | Anti-social behaviour | On or near Trevor Drive | |
May 2024 | Anti-social behaviour | On or near Trevor Drive | |
Apr 2024 | Anti-social behaviour | On or near Trevor Drive |