£430,644
This estimated value is based upon the latest sale price for the house of £290,000 on 24 Mar 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 24 Mar 2015 |
| Detached |
| Freehold |
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 March 2015 the House Price Index for KENT was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £290,000 results in an estimated price of approximately £430,644.
| 24 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £290,000 | £140,644 | £430,644 |
The Postcode Pricing Model uses changes in average sales price within the ME12 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 | 89.747 % | £260,264 | £550,264 |
| 3 Month Average | 70.043 % | £203,124 | £493,124 |
| 6 Month Average | 62.714 % | £181,870 | £471,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £316,339 | £310,000 | 31 NETTLE WAY |
| 13 Sep 2022 | £174,883 | £175,000 | 5 RED OAK HOUSE THISTLE HILL WAY |
| 9 May 2022 | £225,885 | £220,000 | 2 HOLLY DRIVE |
| 22 Apr 2022 | £306,039 | £295,000 | 61 NETTLE WAY |
| 19 Nov 2021 | £157,980 | £145,000 | 4 WILLOW TREE HOUSE NETTLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aster Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aster Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nettle Way |
| Jul 2024 | Anti-social behaviour | On or near Thistle Hill Way |