£485,428
This estimated value is based upon the latest sale price for the house of £465,000 on 14 Mar 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £465,000 | 14 Mar 2022 |
| £282,500 | 10 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 March 2022 the House Price Index for KENT was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £465,000 results in an estimated price of approximately £485,428.
| 14 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £465,000 | £20,428 | £485,428 |
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 | 6.774 % | £31,500 | £496,500 |
| 3 Month Average | 0.355 % | £1,648 | £466,648 |
| 6 Month Average | 8.702 % | £40,465 | £505,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £306,972 | £300,000 | 472 TONBRIDGE ROAD |
| 4 Oct 2023 | £409,296 | £400,000 | 1 CHERVILLES |
| 21 Apr 2023 | £413,739 | £406,000 | 30 CHERVILLES |
| 22 Apr 2022 | £306,039 | £295,000 | 40 HEATH GROVE |
| 23 Mar 2022 | £637,321 | £610,500 | 5 ST DAVIDS GATE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 1 Jun 2021. Using an estimated price of £485,429 means this house is valued at £3,978 per sq meter (£369 per sq foot).
The average size of a house on HALFPENNY CLOSE is 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halfpenny Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Halfpenny Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silverdale |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverdale |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Davids Gate |