£553,005
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £400,000 | 20 Jan 2016 |
| £271,000 | 20 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2016 the House Price Index for KENT was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £400,000 results in an estimated price of approximately £553,005.
| 20 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £400,000 | £153,005 | £553,005 |
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 | 53.930 % | £215,720 | £615,720 |
| 3 Month Average | 42.284 % | £169,135 | £569,135 |
| 6 Month Average | 37.914 % | £151,655 | £551,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £634,409 | £620,000 | 37 COLLEGE ROAD |
| 1 Aug 2023 | £177,196 | £174,000 | FLAT 1 COLLEGE PLACE COLLEGE AVENUE |
| 28 Feb 2023 | £161,076 | £160,000 | FLAT 2 COLLEGE PLACE COLLEGE AVENUE |
| 25 Jul 2022 | £252,530 | £250,000 | 6 ORCHARD STREET |
| 22 Oct 2021 | £144,907 | £130,000 | 1 ORCHARD CLOSE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 6 May 2015. Using an estimated price of £553,005 means this house is valued at £3,544 per sq meter (£329 per sq foot).
The average size of a house on COLLEGE ROAD is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Priory Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Priory Road |
| Aug 2024 | Anti-social behaviour | On or near Priory Road | |
| Aug 2024 | Anti-social behaviour | On or near Priory Road | |
| Aug 2024 | Anti-social behaviour | On or near Priory Road |