£345,946
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £280,000 | 29 Nov 2019 |
| £267,500 | 21 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 737 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 November 2019 the House Price Index for KENT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £280,000 results in an estimated price of approximately £345,946.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £280,000 | £65,946 | £345,946 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 37.257 % | £104,319 | £384,319 |
| 3 Month Average | -5.323 % | £-14,904 | £265,095 |
| 6 Month Average | -8.890 % | £-24,890 | £255,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £5,204,294 | £5,100,000 | ROCHESTER HOUSE ST GEORGES PLACE |
| 27 Feb 2023 | £241,614 | £240,000 | 60 DOVER STREET |
| 3 Feb 2023 | £269,802 | £268,000 | 23 DOVER STREET |
| 18 Nov 2022 | £159,255 | £160,000 | FLAT 3 27 OATEN HILL |
| 16 Aug 2022 | £241,128 | £240,000 | PUB SIDE, 7 OATEN HILL PLACE |
This house has a floor area of 68 sq meters or 737 sq feet when measured on 2 Feb 2010. Using an estimated price of £345,947 means this house is valued at £5,048 per sq meter (£469 per sq foot).
The average size of a house on VERNON PLACE is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Drugs | Under investigation | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |