£327,498
This estimated value is based upon the latest sale price for the house of £268,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £268,000 | 13 Sep 2019 |
| £172,000 | 31 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for KENT was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £268,000 results in an estimated price of approximately £327,498.
| 13 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £268,000 | £59,498 | £327,498 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | -22.229 % | £-59,574 | £208,425 |
| 3 Month Average | -11.255 % | £-30,164 | £237,835 |
| 6 Month Average | -9.926 % | £-26,601 | £241,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £200,000 | £200,000 | 58 MIDSUMMER ROAD |
| 25 Mar 2024 | £89,021 | £88,720 | 89 GASSONS ROAD |
| 5 Jun 2023 | £212,725 | £211,000 | 3 GASSONS ROAD |
| 16 Jan 2023 | £371,735 | £375,000 | 47 RITCH ROAD |
| 5 Aug 2022 | £198,658 | £200,000 | 46 GASSONS ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Sep 2018. Using an estimated price of £327,499 means this house is valued at £5,745 per sq meter (£533 per sq foot).
The average size of a house on GASSONS ROAD is 53 sq meters (576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Benedict Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ritch Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox'S Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox'S Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox'S Close |