£298,579
This estimated value is based upon the latest sale price for the house of £291,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £291,000 | 17 Nov 2023 |
| £224,000 | 11 May 2018 |
| £147,250 | 25 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2023 the House Price Index for KENT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £291,000 results in an estimated price of approximately £298,579.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £291,000 | £7,579 | £298,579 |
The Postcode Pricing Model uses changes in average sales price within the CT2 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 | 12.443 % | £36,208 | £327,208 |
| 3 Month Average | -8.247 % | £-23,999 | £267,000 |
| 6 Month Average | 6.379 % | £18,563 | £309,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £300,000 | £300,000 | 42 SHIPMAN AVENUE |
| 13 May 2024 | £240,000 | £240,000 | 33 SQUIRE AVENUE |
| 5 Dec 2023 | £315,701 | £306,000 | 4 SHIPMAN AVENUE |
| 24 Nov 2023 | £253,433 | £247,000 | 13 SHIPMAN AVENUE |
| 17 Nov 2023 | £298,579 | £291,000 | 28 SHIPMAN AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Nov 2014. Using an estimated price of £298,579 means this house is valued at £3,686 per sq meter (£342 per sq foot).
The average size of a house on SHIPMAN AVENUE is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Squire Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Squire Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Knight Avenue |
| Sep 2024 | Anti-social behaviour | On or near Knight Avenue |