£179,887
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £120,000 | 30 Sep 2014 |
| £115,000 | 9 Dec 2009 |
| £75,000 | 1 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 September 2014 the House Price Index for KENT was 98.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.906%.Applying this 49.906% change to the original purchase price of £120,000 results in an estimated price of approximately £179,887.
| 30 Sep 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.0 | 49.906 % | £120,000 | £59,887 | £179,887 |
The Postcode Pricing Model uses changes in average sales price within the ME12 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 | 60.249 % | £72,299 | £192,299 |
| 3 Month Average | 54.725 % | £65,669 | £185,669 |
| 6 Month Average | 54.851 % | £65,820 | £185,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £148,000 | £147,500 | 20 WELLESLEY ROAD |
| 8 Mar 2024 | £190,644 | £190,000 | 13 WELLESLEY ROAD |
| 12 Apr 2023 | £246,835 | £245,000 | 66 ALEXANDRA ROAD |
| 12 Aug 2022 | £263,917 | £265,700 | 45 WELLESLEY ROAD |
| 19 Jul 2022 | £191,741 | £192,000 | 47 WELLESLEY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Feb 2014. Using an estimated price of £179,887 means this house is valued at £2,167 per sq meter (£201 per sq foot).
The average size of a house on WELLESLEY ROAD is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellesley Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wellesley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Invicta Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Invicta Road |