£314,078
This estimated value is based upon the latest sale price for the house of £291,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £291,000 | 17 Dec 2021 |
| £111,000 | 18 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2021 the House Price Index for KENT was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £291,000 results in an estimated price of approximately £314,078.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £291,000 | £23,078 | £314,078 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 17.732 % | £51,599 | £342,599 |
| 3 Month Average | 24.007 % | £69,861 | £360,861 |
| 6 Month Average | 10.266 % | £29,875 | £320,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £573,816 | £565,000 | 3 FAGUS CLOSE |
| 1 Aug 2023 | £254,592 | £250,000 | 17 PYRUS CLOSE |
| 11 Nov 2022 | £303,580 | £305,000 | 17 VIOLET CLOSE |
| 1 Sep 2022 | £424,716 | £425,000 | 3 FORESTDALE ROAD |
| 13 Jul 2022 | £291,420 | £288,500 | 1 IRIS CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Aug 2021. Using an estimated price of £314,079 means this house is valued at £3,049 per sq meter (£283 per sq foot).
The average size of a house on IRIS CLOSE is 75 sq meters (811 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Iris Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Iris Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Iris Close |
| Sep 2024 | Burglary | Under investigation | On or near Violet Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Violet Close |