£230,307
This estimated value is based upon the latest sale price for the house of £228,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £228,000 | 29 Jul 2022 |
| £146,000 | 6 Dec 2018 |
| £115,000 | 11 Dec 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 July 2022 the House Price Index for KENT was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £228,000 results in an estimated price of approximately £230,307.
| 29 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £228,000 | £2,307 | £230,307 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | -12.426 % | £-28,330 | £199,669 |
| 3 Month Average | 7.175 % | £16,358 | £244,358 |
| 6 Month Average | 5.514 % | £12,571 | £240,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £283,437 | £277,000 | 34 OXFORD ROAD |
| 14 Aug 2023 | £346,245 | £340,000 | 59 OXFORD ROAD |
| 6 Mar 2023 | £330,520 | £325,000 | 9 RUTLAND WAY |
| 29 Jul 2022 | £230,308 | £228,000 | 14A DURHAM CLOSE |
| 11 May 2022 | £308,025 | £300,000 | 15 SUFFOLK ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 Oct 2013. Using an estimated price of £230,308 means this house is valued at £4,112 per sq meter (£382 per sq foot).
The average size of a house on DURHAM CLOSE is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Durham Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Close |
| Sep 2024 | Anti-social behaviour | On or near Durham Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Close |