£249,670
This estimated value is based upon the latest sale price for the house of £187,500 on 6 Jul 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £187,500 | 6 Jul 2016 |
| £187,500 | 6 Jul 2016 |
| £142,000 | 18 Mar 2005 |
| £135,000 | 23 May 2003 |
| £68,500 | 11 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 July 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £187,500 results in an estimated price of approximately £249,670.
| 6 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £187,500 | £62,170 | £249,670 |
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 | 63.437 % | £118,943 | £306,443 |
| 3 Month Average | 41.194 % | £77,238 | £264,738 |
| 6 Month Average | 38.652 % | £72,472 | £259,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £201,765 | £200,000 | FLAT 17 THE SOVEREIGNS QUEENS ROAD |
| 25 Nov 2022 | £673,838 | £682,000 | 2 COURT DRIVE |
| 3 Nov 2022 | £528,597 | £535,000 | 9 COURT DRIVE |
| 27 May 2022 | £417,874 | £410,000 | 309 QUEENS ROAD |
| 5 May 2022 | £214,033 | £210,000 | FLAT 22 THE SOVEREIGNS QUEENS ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 Mar 2016. Using an estimated price of £249,671 means this house is valued at £5,201 per sq meter (£483 per sq foot).
The average size of a house on QUEENS ROAD is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Warden Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Warden Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Court Drive |
| Mar 2024 | Drugs | Under investigation | On or near Amherst Close |
| Feb 2024 | Anti-social behaviour | On or near Amherst Close |