£341,688
This estimated value is based upon the latest sale price for the house of £275,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 12 Jul 2019 |
| £190,000 | 2 Feb 2007 |
| £176,500 | 8 Oct 2004 |
| £128,500 | 24 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2019 the House Price Index for KENT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £275,000 results in an estimated price of approximately £341,688.
| 12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £275,000 | £66,688 | £341,688 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 11.051 % | £30,389 | £305,389 |
| 3 Month Average | 6.051 % | £16,641 | £291,641 |
| 6 Month Average | 9.072 % | £24,947 | £299,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £438,473 | £425,000 | 4 DAN DRIVE |
| 14 Sep 2023 | £255,635 | £250,000 | 15 HORSFORD WALK |
| 2 Jun 2023 | £363,280 | £356,000 | 3 IVORY CLOSE |
| 1 Mar 2023 | £228,821 | £225,000 | 28 IVORY CLOSE |
| 1 Apr 2022 | £274,917 | £265,000 | 24 IVORY CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Nov 2018. Using an estimated price of £341,689 means this house is valued at £4,555 per sq meter (£423 per sq foot).
The average size of a house on IVORY CLOSE is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Ivory Close | |
| Jul 2024 | Anti-social behaviour | On or near Ivory Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivory Close |
| Jul 2024 | Anti-social behaviour | On or near Ivory Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Ivory Close |