£315,997
This estimated value is based upon the latest sale price for the house of £227,500 on 20 Oct 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £227,500 | 20 Oct 2015 |
| £55,000 | 22 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2015 the House Price Index for KENT was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £227,500 results in an estimated price of approximately £315,997.
| 20 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 146.7 | 38.900 % | £227,500 | £88,497 | £315,997 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 60.266 % | £137,105 | £364,605 |
| 3 Month Average | 26.138 % | £59,464 | £286,964 |
| 6 Month Average | 36.453 % | £82,931 | £310,431 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Oct 2015.
The average size of a house on FORBES ROAD is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont Road |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Kingsnorth Road |
| Mar 2024 | Other theft | Under investigation | On or near Kingsnorth Road |