£373,467
This estimated value is based upon the latest sale price for the house of £350,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£350,000 | 3 Dec 2021 |
Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 December 2021 the House Price Index for KENT was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £350,000 results in an estimated price of approximately £373,467.
3 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.0 | 6.705 % | £350,000 | £23,467 | £373,467 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 32.471 % | £113,648 | £463,648 |
3 Month Average | -2.580 % | £-9,030 | £340,969 |
6 Month Average | 10.482 % | £36,686 | £386,686 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £566,915 | £565,000 | 3 FAGUS CLOSE |
1 Aug 2023 | £251,530 | £250,000 | 17 PYRUS CLOSE |
21 Jul 2023 | £302,865 | £300,000 | 9 FAGUS CLOSE |
1 Sep 2022 | £419,893 | £425,000 | 3 FORESTDALE ROAD |
13 Jul 2022 | £288,111 | £288,500 | 1 IRIS CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Jun 2021. Using an estimated price of £373,468 means this house is valued at £4,850 per sq meter (£450 per sq foot).
The average size of a house on FORESTDALE ROAD is 90 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Silver Tree Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Tree Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Silver Tree Close |
Feb 2024 | Drugs | Offender given a caution | On or near Bellgrove Court |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sylvan Glade |