£462,300
This estimated value is based upon the latest sale price for the house of £370,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £370,000 | 15 Feb 2018 |
| £300,000 | 29 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2018 the House Price Index for KENT was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £370,000 results in an estimated price of approximately £462,300.
| 15 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £370,000 | £92,300 | £462,300 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -1.235 % | £-4,568 | £365,431 |
| 3 Month Average | 2.502 % | £9,255 | £379,255 |
| 6 Month Average | 19.780 % | £73,185 | £443,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £334,274 | £330,000 | 15 MICAWBER CLOSE |
| 13 Sep 2022 | £277,757 | £280,000 | 19 ALEXANDRA GLEN |
| 19 Aug 2022 | £264,289 | £265,000 | 28 ALEXANDRA GLEN |
| 4 Jul 2022 | £300,810 | £300,000 | 8 MICAWBER CLOSE |
| 14 Apr 2022 | £377,936 | £367,000 | 21 CINNABAR CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 23 Oct 2015. Using an estimated price of £462,300 means this house is valued at £4,918 per sq meter (£456 per sq foot).
The average size of a house on GALENA CLOSE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galena Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Galena Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldstone Walk |
| Dec 2023 | Anti-social behaviour | On or near Brockbank Close | |
| Dec 2023 | Anti-social behaviour | On or near Brockbank Close |