£445,109
This estimated value is based upon the latest sale price for the house of £435,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £435,000 | 2 Oct 2023 |
| £339,995 | 15 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 October 2023 the House Price Index for KENT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £435,000 results in an estimated price of approximately £445,109.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £435,000 | £10,109 | £445,109 |
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 | -0.607 % | £-2,639 | £432,360 |
| 3 Month Average | 5.233 % | £22,761 | £457,761 |
| 6 Month Average | -1.220 % | £-5,305 | £429,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £554,818 | £550,000 | 38 CHURCHILL WAY |
| 24 Nov 2023 | £348,855 | £340,000 | 92 WELLS WAY |
| 13 Oct 2023 | £317,204 | £310,000 | 41 CHURCHILL WAY |
| 2 Oct 2023 | £445,109 | £435,000 | 28 LAKESIDE AVENUE |
| 16 Jan 2023 | £350,938 | £350,000 | 41 WELLS WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 3 Sep 2013. Using an estimated price of £445,109 means this house is valued at £3,560 per sq meter (£330 per sq foot).
The average size of a house on LAKESIDE AVENUE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Lakeside Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oare Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Oare Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Windmill Lane |