£402,893
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£325,000 | 1 Aug 2019 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 August 2019 the House Price Index for KENT was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £325,000 results in an estimated price of approximately £402,893.
1 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £325,000 | £77,893 | £402,893 |
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 | -12.881 % | £-41,864 | £283,135 |
3 Month Average | -7.121 % | £-23,142 | £301,857 |
6 Month Average | 3.568 % | £11,595 | £336,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £441,000 | £441,000 | 24 CHERRY AVENUE |
19 Aug 2022 | £442,067 | £440,000 | 46 CHERRY DRIVE |
27 May 2022 | £467,171 | £455,000 | 35 HILLSIDE AVENUE |
16 May 2022 | £616,049 | £600,000 | 24 RICHMOND GARDENS |
16 Dec 2020 | £624,353 | £540,000 | 42 CHERRY DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 2 Dec 2018. Using an estimated price of £402,894 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on RICHMOND GARDENS is 124 sq meters (1,335 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Iris Close |
Oct 2024 | Other theft | Under investigation | On or near Cherry Garden Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cherry Garden Road |
Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Cherry Garden Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherry Garden Road |