£281,234
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Apr 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 7 Apr 2015 |
| £148,000 | 20 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 700 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 April 2015 the House Price Index for KENT was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £190,000 results in an estimated price of approximately £281,234.
| 7 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £190,000 | £91,234 | £281,234 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 45.912 % | £87,232 | £277,232 |
| 3 Month Average | 41.771 % | £79,364 | £269,364 |
| 6 Month Average | 48.138 % | £91,462 | £281,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £570,000 | £570,000 | 3 HIDDEN MEADOW |
| 2 Jun 2023 | £275,521 | £270,000 | 39 SPILLETT CLOSE |
| 6 Apr 2023 | £259,860 | £255,000 | 38 SPILLETT CLOSE |
| 16 Sep 2022 | £234,843 | £235,000 | 50 SOUTH ROAD |
| 24 Jun 2022 | £587,560 | £575,000 | 32 NIGHTINGALE ROAD |
This house has a floor area of 65 sq meters or 700 sq feet when measured on 27 Mar 2012. Using an estimated price of £281,234 means this house is valued at £4,321 per sq meter (£401 per sq foot).
The average size of a house on SPILLETT CLOSE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen'S Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cavour Road |
| Oct 2024 | Anti-social behaviour | On or near Chart Close |