£332,552
This estimated value is based upon the latest sale price for the house of £325,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£325,000 | 31 Oct 2023 |
£159,000 | 9 Nov 2009 |
£91,144 | 1 Aug 2007 |
£77,500 | 28 Apr 2000 |
£60,000 | 28 Apr 1998 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 857 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 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 £325,000 results in an estimated price of approximately £332,552.
31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £325,000 | £7,552 | £332,552 |
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 % | £-80,337 | £244,662 |
3 Month Average | 4.865 % | £15,811 | £340,811 |
6 Month Average | 2.905 % | £9,441 | £334,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £310,000 | £310,000 | 8 LEICESTER ROAD |
15 Mar 2024 | £451,944 | £445,000 | 297 SUTTON ROAD |
31 Oct 2023 | £332,553 | £325,000 | 17 NOTTINGHAM AVENUE |
29 Sep 2023 | £347,664 | £340,000 | 28 MIDDLESEX ROAD |
12 Sep 2023 | £266,883 | £261,000 | 20 NOTTINGHAM AVENUE |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 29 Oct 2008. Using an estimated price of £332,553 means this house is valued at £4,172 per sq meter (£387 per sq foot).
The average size of a house on NOTTINGHAM AVENUE is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middlesex Road |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Middlesex Road |
Oct 2024 | Anti-social behaviour | On or near Nottingham Avenue | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nottingham Avenue |
Oct 2024 | Drugs | Under investigation | On or near Leicester Road |