£565,876
This estimated value is based upon the latest sale price for the house of £550,000 on 3 Jul 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £550,000 | 3 Jul 2023 |
| £230,000 | 5 Aug 2011 |
| £215,000 | 28 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 744 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 2023 the House Price Index for KENT was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £550,000 results in an estimated price of approximately £565,876.
| 3 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £550,000 | £15,876 | £565,876 |
The Postcode Pricing Model uses changes in average sales price within the CT21 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 | -32.460 % | £-178,532 | £371,467 |
| 3 Month Average | 1.185 % | £6,518 | £556,518 |
| 6 Month Average | -1.873 % | £-10,299 | £539,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £370,000 | £370,000 | 2 SUMMER CLOSE |
| 28 Mar 2024 | £512,880 | £505,000 | THE HOLLIES LONDON ROAD |
| 30 Nov 2023 | £384,767 | £375,000 | 54 NURSERY FIELDS |
| 30 Jun 2023 | £561,247 | £550,000 | 22 OLD LONDON ROAD |
| 14 Jun 2023 | £676,048 | £662,500 | 4 REDBROOKS WAY |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 16 Mar 2011.
The average size of a house on OLD LONDON ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Redbrooks Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbrooks Way |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Redbrooks Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old London Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old London Road |