£630,685
This estimated value is based upon the latest sale price for the house of £540,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £540,000 | 27 Nov 2020 |
| £320,000 | 24 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 November 2020 the House Price Index for KENT was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £540,000 results in an estimated price of approximately £630,685.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £540,000 | £90,685 | £630,685 |
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 | 23.082 % | £124,643 | £664,643 |
| 3 Month Average | 6.746 % | £36,429 | £576,429 |
| 6 Month Average | 4.598 % | £24,831 | £564,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £266,042 | £260,000 | 5 QUINION CLOSE |
| 20 Oct 2023 | £419,528 | £410,000 | 16 OAKS DENE |
| 16 Aug 2023 | £534,643 | £525,000 | 6A CHIPPENDALE CLOSE |
| 9 Jun 2023 | £313,278 | £307,000 | 16 CHIPPENDALE CLOSE |
| 5 Apr 2023 | £351,576 | £345,000 | 6 OAKS DENE |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 28 Oct 2016. Using an estimated price of £630,685 means this house is valued at £3,217 per sq meter (£298 per sq foot).
The average size of a house on PODKIN WOOD is 224 sq meters (2,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheraton Court |
| Jul 2024 | Anti-social behaviour | On or near Oaks Dene | |
| Jul 2024 | Anti-social behaviour | On or near Oaks Dene | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chippendale Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sarsen Heights |