£395,587
This estimated value is based upon the latest sale price for the house of £237,500 on 17 Jun 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £237,500 | 17 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 804 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 June 2013 the House Price Index for KENT was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £237,500 results in an estimated price of approximately £395,587.
| 17 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £237,500 | £158,087 | £395,587 |
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 | 73.916 % | £175,551 | £413,051 |
| 3 Month Average | 60.555 % | £143,818 | £381,318 |
| 6 Month Average | 76.050 % | £180,618 | £418,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £501,411 | £495,000 | 46 SOUTHWOOD ROAD |
| 18 Apr 2023 | £500,388 | £495,000 | 32 SOUTHWOOD ROAD |
| 12 Apr 2023 | £429,626 | £425,000 | 26 NEWTON ROAD |
| 21 Nov 2022 | £2,964 | £3,000 | 15A NEWTON ROAD |
| 26 Oct 2022 | £316,591 | £320,000 | 58 SWALECLIFFE ROAD |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 5 Jul 2011. Using an estimated price of £395,588 means this house is valued at £5,292 per sq meter (£491 per sq foot).
The average size of a house on PALACE CLOSE is 89 sq meters (967 sq feet).
This house is the largest in the street with a floor area of 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Palace Close |
| Feb 2024 | Public order | Awaiting court outcome | On or near Southwood Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bennells Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Reeves Way |
| Mar 2024 | Other theft | Under investigation | On or near Reeves Way |