£512,391
This estimated value is based upon the latest sale price for the house of £420,000 on 8 Jun 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £420,000 | 8 Jun 2020 |
| Detached |
| 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 June 2020 the House Price Index for KENT was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £420,000 results in an estimated price of approximately £512,391.
| 8 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £420,000 | £92,391 | £512,391 |
The Postcode Pricing Model uses changes in average sales price within the TN17 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 | 322.727 % | £1,355,454 | £1,775,454 |
| 3 Month Average | 77.229 % | £324,360 | £744,360 |
| 6 Month Average | -13.179 % | £-55,353 | £364,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £482,000 | £482,000 | 5 OATFIELD DRIVE |
| 15 Mar 2024 | £330,071 | £325,000 | 93 WHEATFIELD WAY |
| 11 Mar 2024 | £380,851 | £375,000 | 2 OATFIELD CLOSE |
| 7 Dec 2023 | £366,254 | £355,000 | 69 WHEATFIELD WAY |
| 24 Nov 2023 | £425,809 | £415,000 | 62 WHEATFIELD WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 18 Nov 2019. Using an estimated price of £512,391 means this house is valued at £4,099 per sq meter (£380 per sq foot).
The average size of a house on OATFIELD DRIVE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Oatfield Drive | |
| Jun 2024 | Anti-social behaviour | On or near Oatfield Drive | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oatfield Drive |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Angley Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Angley Road |