£414,129
This estimated value is based upon the latest sale price for the house of £405,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£405,000 | 29 Sep 2023 |
£320,000 | 8 Sep 2020 |
£218,000 | 25 Jan 2013 |
£215,000 | 31 Jul 2007 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 2023 the House Price Index for KENT was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £405,000 results in an estimated price of approximately £414,129.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £405,000 | £9,129 | £414,129 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 35.661 % | £144,426 | £549,426 |
3 Month Average | 11.428 % | £46,282 | £451,282 |
6 Month Average | 7.412 % | £30,016 | £435,016 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £363,154 | £360,000 | 1 FLAXMAN DRIVE |
19 Dec 2023 | £438,473 | £425,000 | 8 TINTERN ROAD |
29 Sep 2023 | £414,129 | £405,000 | 20 FLAXMAN DRIVE |
8 Sep 2023 | £357,889 | £350,000 | 74 NEWBURY AVENUE |
29 Jun 2023 | £336,748 | £330,000 | 10 TINTERN ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Jun 2020. Using an estimated price of £414,129 means this house is valued at £6,902 per sq meter (£641 per sq foot).
The average size of a house on FLAXMAN DRIVE is 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramshott Close |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grace Avenue |
Jun 2024 | Anti-social behaviour | On or near Grace Avenue | |
Jun 2024 | Anti-social behaviour | On or near Grace Avenue | |
Jun 2024 | Anti-social behaviour | On or near Grace Avenue |