£396,623
This estimated value is based upon the latest sale price for the house of £390,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £390,000 | 24 Mar 2023 |
| £210,000 | 20 Nov 2006 |
| £189,250 | 11 Feb 2005 |
| £87,000 | 25 Sep 1998 |
| £75,950 | 2 May 1997 |
| Semi-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 2023 the House Price Index for KENT was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £390,000 results in an estimated price of approximately £396,623.
| 24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £390,000 | £6,623 | £396,623 |
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 | 15.051 % | £58,700 | £448,700 |
| 3 Month Average | -14.001 % | £-54,602 | £335,397 |
| 6 Month Average | -10.858 % | £-42,347 | £347,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £627,577 | £615,000 | 56 KIT HILL AVENUE |
| 24 Mar 2023 | £396,624 | £390,000 | 23 OAKLEIGH CLOSE |
| 10 Mar 2023 | £457,638 | £449,995 | 26 HURST HILL |
| 1 Aug 2022 | £426,997 | £425,000 | 42 HURST HILL |
| 30 Jun 2021 | £394,516 | £365,000 | 30 OAKLEIGH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Oakleigh Close |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Oakleigh Close |
| Jul 2024 | Other theft | Under investigation | On or near Montfort Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Montfort Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Road |