£324,878
This estimated value is based upon the latest sale price for the house of £317,500 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £317,500 | 12 Oct 2023 |
| £88,995 | 18 Feb 2000 |
| £35,000 | 18 Dec 1998 |
| Semi-Detached |
| Freehold |
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 £317,500 results in an estimated price of approximately £324,878.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £317,500 | £7,378 | £324,878 |
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 | -24.719 % | £-78,483 | £239,016 |
| 3 Month Average | 4.865 % | £15,446 | £332,946 |
| 6 Month Average | 2.905 % | £9,223 | £326,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £325,769 | £317,500 | 43 GLENEAGLES DRIVE |
| 12 Oct 2023 | £324,879 | £317,500 | 15 RAINHAM CLOSE |
| 8 Sep 2023 | £414,640 | £405,500 | 23 RAINHAM CLOSE |
| 30 Mar 2023 | £355,944 | £350,000 | 23 GLENEAGLES DRIVE |
| 3 Feb 2023 | £352,354 | £350,000 | 26 FOREST HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Rainham Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Avington Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Saltwood Road |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Saltwood Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Newchurch Road |