£400,722
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 25 Jun 2021 |
| £250,000 | 18 Jul 2014 |
| £204,995 | 9 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2021 the House Price Index for KENT was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £375,000 results in an estimated price of approximately £400,722.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £375,000 | £25,722 | £400,722 |
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 | 9.231 % | £34,615 | £409,615 |
| 3 Month Average | 12.580 % | £47,174 | £422,174 |
| 6 Month Average | 10.642 % | £39,907 | £414,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £208,171 | £210,000 | FLAT 6 OTHAM HOUSE ANGELICA SQUARE |
| 22 Jul 2022 | £234,683 | £235,000 | FLAT 7 RINGLESTONE HOUSE TARRAGON ROAD |
| 31 Mar 2022 | £340,586 | £330,000 | 14 TARRAGON ROAD |
| 25 Feb 2022 | £203,670 | £195,000 | FLAT 5 THURNHAM HOUSE ANGELICA SQUARE |
| 3 Feb 2022 | £169,725 | £162,500 | FLAT 3 ALLINGTON HOUSE TARRAGON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Dec 2013. Using an estimated price of £400,722 means this house is valued at £4,714 per sq meter (£437 per sq foot).
The average size of a house on PARSLEY WAY is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Parsley Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parsley Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coriander Drive |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Coriander Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coriander Drive |