£100,696
This estimated value is based upon the latest sale price for the house of £80,000 on 26 Feb 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £80,000 | 26 Feb 2018 |
| £79,995 | 2 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 312 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 February 2018 the House Price Index for KENT was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £80,000 results in an estimated price of approximately £100,696.
| 26 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £80,000 | £20,696 | £100,696 |
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 | -39.617 % | £-31,693 | £48,306 |
| 3 Month Average | 6.442 % | £5,153 | £85,153 |
| 6 Month Average | 23.830 % | £19,063 | £99,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £71,627 | £70,000 | FLAT 10 SWALLOW HOUSE SPRINGVALE |
| 16 Nov 2022 | £99,535 | £100,000 | FLAT 6 ROBIN HOUSE SPRINGVALE |
| 12 Aug 2022 | £125,587 | £125,000 | FLAT 11 SWIFT HOUSE SPRINGVALE |
| 8 Jul 2022 | £218,186 | £216,000 | 13 PEACOCK MEWS |
| 6 May 2022 | £302,891 | £295,000 | 22 PEACOCK MEWS |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 14 Nov 2017. Using an estimated price of £100,697 means this house is valued at £3,472 per sq meter (£322 per sq foot).
The average size of a house on SPRINGVALE is 46 sq meters (497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Spring Vale |
| Jul 2024 | Drugs | Under investigation | On or near Spring Vale |
| Jul 2024 | Other theft | Under investigation | On or near Spring Vale |
| Jul 2024 | Vehicle crime | Under investigation | On or near Spring Vale |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Spring Vale |