£549,994
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Jul 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £235,000 | 28 Jul 2003 |
| 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 2003 the House Price Index for KENT was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £235,000 results in an estimated price of approximately £549,994.
| 28 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £235,000 | £314,994 | £549,994 |
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 | 82.192 % | £193,152 | £428,152 |
| 3 Month Average | 109.941 % | £258,361 | £493,361 |
| 6 Month Average | 120.669 % | £283,572 | £518,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £299,809 | £293,000 | 2 NELSON TERRACE |
| 8 Jun 2023 | £772,991 | £757,500 | 24 PRESTON LANE |
| 7 Jun 2023 | £494,918 | £485,000 | 13 THE MALL |
| 31 Jan 2023 | £220,589 | £220,000 | FLAT 9 48 PRESTON GROVE |
| 19 Jan 2023 | £280,750 | £280,000 | 3 NELSON TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Jul 2024 | Other theft | On or near Faversham (Station) | |
| Jul 2024 | Public order | On or near Faversham (Station) | |
| Jul 2024 | Robbery | On or near Faversham (Station) |