£272,636
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 13 Jul 2018 |
| £39,500 | 26 Feb 1999 |
| £30,000 | 20 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2018 the House Price Index for KENT was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £220,000 results in an estimated price of approximately £272,636.
| 13 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £220,000 | £52,636 | £272,636 |
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 | -28.085 % | £-61,787 | £158,212 |
| 3 Month Average | -2.543 % | £-5,593 | £214,406 |
| 6 Month Average | 16.297 % | £35,853 | £255,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £263,367 | £260,000 | 32 FRESHWATER ROAD |
| 30 Jun 2023 | £257,621 | £254,500 | 49 FRESHWATER ROAD |
| 9 Sep 2022 | £262,381 | £264,500 | 80 FRESHWATER ROAD |
| 4 Jul 2022 | £302,815 | £302,000 | 66 FRESHWATER ROAD |
| 23 Dec 2021 | £278,558 | £260,000 | 65 FRESHWATER ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 Feb 2018. Using an estimated price of £272,636 means this house is valued at £3,063 per sq meter (£284 per sq foot).
The average size of a house on PENFOLD CLOSE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penfold Close |
| Mar 2024 | Anti-social behaviour | On or near Anglesey Close | |
| Feb 2024 | Anti-social behaviour | On or near Coverdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Coverdale Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Freshwater Road |