£222,641
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Jan 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £210,000 | 24 Jan 2022 |
| £155,000 | 20 Mar 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 January 2022 the House Price Index for KENT was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £210,000 results in an estimated price of approximately £222,641.
| 24 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £210,000 | £12,641 | £222,641 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 36.010 % | £75,621 | £285,621 |
| 3 Month Average | 21.564 % | £45,285 | £255,285 |
| 6 Month Average | 9.009 % | £18,918 | £228,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £224,499 | £220,000 | 223 OLYMPIA WAY |
| 23 Nov 2022 | £159,255 | £160,000 | 53 BELON DRIVE |
| 17 Nov 2022 | £283,674 | £285,000 | 10 OLYMPIA WAY |
| 24 Jan 2022 | £222,642 | £210,000 | 205 OLYMPIA WAY |
| 6 Dec 2021 | £183,482 | £170,000 | 35 OLYMPIA WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Feb 2015. Using an estimated price of £222,642 means this house is valued at £3,534 per sq meter (£328 per sq foot).
The average size of a house on OLYMPIA WAY is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olympia Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olympia Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Halt |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Pacific Close |
| Nov 2024 | Other crime | Action to be taken by another organisation | On or near Pacific Close |