£330,827
This estimated value is based upon the latest sale price for the house of £225,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£225,000 | 15 May 2015 |
£162,500 | 14 May 2004 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 May 2015 the House Price Index for KENT was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £225,000 results in an estimated price of approximately £330,827.
15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £225,000 | £105,827 | £330,827 |
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 | 62.894 % | £141,511 | £366,511 |
3 Month Average | 61.237 % | £137,782 | £362,782 |
6 Month Average | 59.614 % | £134,130 | £359,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £322,803 | £320,000 | 1 PHOENIX MEWS |
30 Nov 2023 | £400,158 | £390,000 | 10 SADLERS CLOSE |
27 Feb 2023 | £669,472 | £665,000 | 75 HALLSFIELD ROAD |
25 Jan 2023 | £501,340 | £500,000 | 5 PHOENIX MEWS |
24 May 2022 | £770,062 | £750,000 | 42 HALLSFIELD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 Nov 2014. Using an estimated price of £330,827 means this house is valued at £4,531 per sq meter (£421 per sq foot).
The average size of a house on HALLSFIELD ROAD is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Phoenix Mews | |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Phoenix Mews |
Aug 2024 | Public order | Under investigation | On or near Phoenix Mews |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Phoenix Mews |
Oct 2024 | Anti-social behaviour | On or near Hallsfield Road |