£274,021
This estimated value is based upon the latest sale price for the house of £237,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Violet Close
More crime details
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| Price Paid | Date |
|---|---|
| £237,000 | 16 Dec 2020 |
| £166,500 | 31 Oct 2006 |
| Terraced |
| 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 December 2020 the House Price Index for KENT was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £237,000 results in an estimated price of approximately £274,021.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £237,000 | £37,021 | £274,021 |
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 | 25.181 % | £59,679 | £296,679 |
| 3 Month Average | 18.426 % | £43,670 | £280,670 |
| 6 Month Average | 10.850 % | £25,714 | £262,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £272,365 | £270,000 | 39 OLIVINE 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 |
| 17 Dec 2021 | £314,079 | £291,000 | 21 IRIS CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Dec 2015. Using an estimated price of £274,022 means this house is valued at £4,807 per sq meter (£446 per sq foot).
The average size of a house on VIOLET CLOSE is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jul 2024 | Violence and sexual offences | Under investigation | 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 | Unable to prosecute suspect | On or near Iris Close |