£489,908
This estimated value is based upon the latest sale price for the house of £485,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £485,000 | 1 Jul 2022 |
| 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 July 2022 the House Price Index for KENT was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £485,000 results in an estimated price of approximately £489,908.
| 1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £485,000 | £4,908 | £489,908 |
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 | -39.898 % | £-193,507 | £291,492 |
| 3 Month Average | -9.725 % | £-47,167 | £437,832 |
| 6 Month Average | -6.439 % | £-31,227 | £453,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £350,544 | £347,500 | 56 NOVA AVENUE |
| 11 Oct 2023 | £225,113 | £220,000 | 4 NOVA AVENUE |
| 21 Apr 2023 | £234,384 | £230,000 | 16 NOVA AVENUE |
| 23 Jan 2023 | £204,045 | £203,500 | THE GATEHOUSE CLOCKHOUSE |
| 1 Jul 2022 | £489,909 | £485,000 | 2 QUARRY HOUSE LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Homestall Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Homestall Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Clockhouse Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clockhouse Lane |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |