£351,872
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 19 Mar 2020 |
| £115,000 | 18 Dec 2003 |
| Terraced |
| 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 March 2020 the House Price Index for KENT was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £290,000 results in an estimated price of approximately £351,872.
| 19 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £290,000 | £61,872 | £351,872 |
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 | -27.525 % | £-79,821 | £210,178 |
| 3 Month Average | 14.862 % | £43,098 | £333,098 |
| 6 Month Average | 9.434 % | £27,360 | £317,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £309,530 | £302,500 | 15 DIAMOND ROAD |
| 20 Oct 2023 | £422,086 | £412,500 | 77 WESTMEADS ROAD |
| 31 Mar 2022 | £284,472 | £272,500 | FLAT 8 HARBOUR WALK DIAMOND ROAD |
| 14 Jan 2022 | £265,050 | £250,000 | 25 WESTMEADS ROAD |
| 27 Aug 2021 | £224,769 | £199,995 | 15 WHITE MARSH COURT |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Aug 2019. Using an estimated price of £351,872 means this house is valued at £3,743 per sq meter (£347 per sq foot).
The average size of a house on RESERVOIR ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Diamond Road |
| Jun 2024 | Anti-social behaviour | On or near Diamond Road | |
| Jun 2024 | Anti-social behaviour | On or near Diamond Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Diamond Road |
| May 2024 | Anti-social behaviour | On or near Wheatley Road |