£368,286
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£295,000 | 27 Jul 2018 |
£165,000 | 24 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 2018 the House Price Index for KENT was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £295,000 results in an estimated price of approximately £368,286.
27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £295,000 | £73,286 | £368,286 |
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 | -39.982 % | £-117,945 | £177,054 |
3 Month Average | 4.575 % | £13,495 | £308,495 |
6 Month Average | 13.413 % | £39,569 | £334,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £329,113 | £319,000 | 32 KINGSGATE CLOSE |
18 Oct 2023 | £373,483 | £365,000 | 24 ROSELEIGH AVENUE |
21 Jun 2022 | £623,324 | £610,000 | 67 ROSELEIGH AVENUE |
29 Jun 2021 | £486,390 | £450,000 | 36 ROSELEIGH AVENUE |
18 Dec 2020 | £312,176 | £270,000 | PLOT 1, 250 QUEENS ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 23 Jan 2018. Using an estimated price of £368,286 means this house is valued at £5,940 per sq meter (£551 per sq foot).
The average size of a house on KINGSGATE CLOSE is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Giddyhorn Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cades Place |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cades Place |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Cades Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malling Terrace |