£203,172
This estimated value is based upon the latest sale price for the house of £130,000 on 16 Nov 2007. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £130,000 | 16 Nov 2007 |
| £119,500 | 23 Jun 2005 |
| £82,500 | 29 Nov 2002 |
| £64,000 | 28 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2007 the House Price Index for KENT was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £130,000 results in an estimated price of approximately £203,172.
| 16 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £130,000 | £73,172 | £203,172 |
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 | 49.335 % | £64,135 | £194,135 |
| 3 Month Average | 46.085 % | £59,910 | £189,910 |
| 6 Month Average | 57.961 % | £75,348 | £205,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £320,000 | £320,000 | 44 SOUTH ROAD |
| 11 Dec 2023 | £464,266 | £450,000 | 10 MENDFIELD STREET |
| 3 Nov 2023 | £231,886 | £226,000 | 3 FIELDING STREET |
| 2 Oct 2023 | £168,835 | £165,000 | FLAT 4 27 SOUTH ROAD |
| 9 Feb 2023 | £256,715 | £255,000 | 16 MENDFIELD STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Mar 2013. Using an estimated price of £203,173 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on SOUTH ROAD is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beckett Street |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Beckett Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tanners Street |
| Jun 2024 | Anti-social behaviour | On or near Caslocke Street |