£635,220
This estimated value is based upon the latest sale price for the house of £485,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £485,000 | 3 Feb 2017 |
| £300,000 | 25 Apr 2008 |
| £180,000 | 21 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2017 the House Price Index for KENT was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £485,000 results in an estimated price of approximately £635,220.
| 3 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £485,000 | £150,220 | £635,220 |
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 | -17.610 % | £-85,408 | £399,591 |
| 3 Month Average | 56.673 % | £274,865 | £759,865 |
| 6 Month Average | 35.368 % | £171,534 | £656,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £790,791 | £776,000 | 9 PRIEST WALK |
| 16 Sep 2022 | £649,566 | £650,000 | 2A HERNE BAY ROAD |
| 2 Sep 2022 | £239,840 | £240,000 | 5 BRIDGEFIELD COURT BRIDGEFIELD ROAD |
| 22 Dec 2021 | £350,775 | £325,000 | 67 SEAFIELD ROAD |
| 12 Nov 2021 | £370,437 | £340,000 | 40 SEAFIELD ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 8 Aug 2015. Using an estimated price of £635,221 means this house is valued at £6,616 per sq meter (£614 per sq foot).
The average size of a house on HERNE BAY ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Seafield Road |
| May 2024 | Anti-social behaviour | On or near Seafield Road | |
| May 2024 | Anti-social behaviour | On or near Seafield Road | |
| May 2024 | Anti-social behaviour | On or near Seafield Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Priest Walk |