£315,960
This estimated value is based upon the latest sale price for the house of £290,000 on 16 Nov 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 16 Nov 2021 |
| £245,000 | 9 Sep 2016 |
| £150,000 | 24 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2021 the House Price Index for KENT was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £290,000 results in an estimated price of approximately £315,960.
| 16 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £290,000 | £25,960 | £315,960 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | -25.206 % | £-73,096 | £216,903 |
| 3 Month Average | 6.689 % | £19,399 | £309,399 |
| 6 Month Average | -0.610 % | £-1,770 | £288,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £317,759 | £315,000 | 8 MORHEN CLOSE |
| 9 Apr 2024 | £327,847 | £325,000 | 60 POUT ROAD |
| 2 Nov 2023 | £318,074 | £310,000 | 42 BUSBRIDGE ROAD |
| 2 Oct 2023 | £516,736 | £505,000 | 5 MORHEN CLOSE |
| 4 Aug 2022 | £371,738 | £370,000 | 2 HAMILTON CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Feb 2014. Using an estimated price of £315,961 means this house is valued at £5,355 per sq meter (£497 per sq foot).
The average size of a house on HAMILTON CLOSE is 92 sq meters (990 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edgeler Court |
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Edgeler Court |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morhen Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pout Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pout Road |