£404,179
This estimated value is based upon the latest sale price for the house of £395,000 on 3 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £395,000 | 3 Oct 2023 |
| £221,000 | 27 Jun 2012 |
| £224,995 | 1 Jun 2007 |
| £190,000 | 30 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 898 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 October 2023 the House Price Index for KENT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £395,000 results in an estimated price of approximately £404,179.
| 3 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £395,000 | £9,179 | £404,179 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | -27.095 % | £-107,024 | £287,975 |
| 3 Month Average | -3.870 % | £-15,285 | £379,714 |
| 6 Month Average | -11.652 % | £-46,024 | £348,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £404,180 | £395,000 | 11 TRADEWINDS |
| 31 May 2022 | £436,368 | £425,000 | 49 FAVOURITE ROAD |
| 31 Mar 2022 | £365,377 | £350,000 | 29 THISTLE DRIVE |
| 29 Oct 2021 | £303,190 | £272,000 | 37 FAVOURITE ROAD |
| 28 Jun 2021 | £286,430 | £265,000 | 27 FAVOURITE ROAD |
This house has a floor area of 83 sq meters or 898 sq feet when measured on 1 Mar 2012. Using an estimated price of £404,180 means this house is valued at £4,840 per sq meter (£449 per sq foot).
The average size of a house on TRADEWINDS is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Favourite Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thistle Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Thistle Drive |
| Apr 2024 | Public order | Local resolution | On or near Thistle Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Major Close |