£613,101
This estimated value is based upon the latest sale price for the house of £475,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £475,000 | 30 Jun 2017 |
| £320,000 | 1 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 June 2017 the House Price Index for KENT was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £475,000 results in an estimated price of approximately £613,101.
| 30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £475,000 | £138,101 | £613,101 |
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 | 52.638 % | £250,031 | £725,031 |
| 3 Month Average | 20.623 % | £97,958 | £572,958 |
| 6 Month Average | 19.804 % | £94,069 | £569,069 |
| 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 |
| 7 Oct 2022 | £363,785 | £365,000 | 7 SILVER TREE CLOSE |
| 6 Jun 2022 | £587,560 | £575,000 | 1 GEAN CLOSE |
| 24 Feb 2022 | £406,736 | £385,000 | 16 TUFA CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 2 Feb 2017. Using an estimated price of £613,101 means this house is valued at £5,240 per sq meter (£486 per sq foot).
The average size of a house on SILVER TREE CLOSE is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Silver Tree Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gean Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gean Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Covert |
| May 2024 | Anti-social behaviour | On or near Brownelow Copse |