£364,574
This estimated value is based upon the latest sale price for the house of £295,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £295,000 | 13 Dec 2019 |
| £189,995 | 29 May 2013 |
| £178,000 | 1 Jul 2005 |
| £43,000 | 2 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2019 the House Price Index for KENT was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £295,000 results in an estimated price of approximately £364,574.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £295,000 | £69,574 | £364,574 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | -3.198 % | £-9,432 | £285,567 |
| 3 Month Average | 26.568 % | £78,374 | £373,374 |
| 6 Month Average | 12.446 % | £36,716 | £331,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Dec 2023 | £247,609 | £240,000 | 2 GORRELL COURT MILLSTROOD ROAD |
| 6 Oct 2023 | £315,158 | £308,000 | 5 GORRELL ROAD |
| 18 Sep 2023 | £145,712 | £142,500 | FLAT 16 CRANLEIGH COURT CRANLEIGH GARDENS |
| 13 Feb 2023 | £437,925 | £435,000 | 11 OLD BRIDGE ROAD |
| 24 Jun 2022 | £505,812 | £495,000 | 24 GORRELL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 Jan 2013. Using an estimated price of £364,574 means this house is valued at £4,734 per sq meter (£439 per sq foot).
The average size of a house on GORRELL ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Gorrell Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Downs Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Downs Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Downs Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cranleigh Gardens |