£485,069
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Dec 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 2 Dec 2013 |
| £370,000 | 10 Jul 2007 |
| Semi-Detached |
| Freehold |
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 December 2013 the House Price Index for KENT was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £300,000 results in an estimated price of approximately £485,069.
| 2 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £300,000 | £185,069 | £485,069 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | 73.277 % | £219,831 | £519,831 |
| 3 Month Average | 80.569 % | £241,706 | £541,706 |
| 6 Month Average | 75.605 % | £226,814 | £526,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Nov 2023 | £805,445 | £785,000 | 5 ELM CLOSE |
| 5 Oct 2023 | £613,944 | £600,000 | 84 HERMITAGE ROAD |
| 24 Aug 2023 | £560,102 | £550,000 | 32 THE BRAES |
| 21 Apr 2023 | £385,205 | £378,000 | 38 ST JOHNS ROAD |
| 9 Mar 2023 | £966,135 | £950,000 | WILLOW PLATT HERMITAGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermitage Road |
| Jun 2024 | Anti-social behaviour | On or near Hermitage Road | |
| Jun 2024 | Anti-social behaviour | On or near Hermitage Road | |
| Jul 2024 | Vehicle crime | Under investigation | On or near The Larches |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |