£507,544
This estimated value is based upon the latest sale price for the house of £500,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Gorrell Road
More crime details
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| Price Paid | Date |
|---|---|
| £500,000 | 20 May 2022 |
| £55,000 | 7 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2022 the House Price Index for KENT was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £500,000 results in an estimated price of approximately £507,544.
| 20 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £500,000 | £7,544 | £507,544 |
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 | 18.174 % | £90,868 | £590,868 |
| 3 Month Average | -9.696 % | £-48,481 | £451,518 |
| 6 Month Average | 3.276 % | £16,381 | £516,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Dec 2023 | £244,628 | £240,000 | 2 GORRELL COURT MILLSTROOD ROAD |
| 17 Apr 2023 | £828,659 | £822,500 | 45 OLD BRIDGE ROAD |
| 10 Jan 2023 | £411,386 | £415,000 | 6 MILLFIELD MANOR |
| 24 Jun 2022 | £500,068 | £495,000 | 24 GORRELL ROAD |
| 24 May 2022 | £380,658 | £375,000 | 33 GORRELL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Feb 2018. Using an estimated price of £507,545 means this house is valued at £5,901 per sq meter (£548 per sq foot).
The average size of a house on OLD BRIDGE ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Gorrell Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gorrell Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millstream Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Millstream Close |
| Feb 2024 | Anti-social behaviour | On or near Millstream Close |