£300,242
This estimated value is based upon the latest sale price for the house of £225,000 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 31 Oct 2016 |
| £172,000 | 14 Jan 2014 |
| £100,000 | 25 Oct 2002 |
| £48,500 | 5 Oct 1998 |
| Terraced |
| Freehold |
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 October 2016 the House Price Index for KENT was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £225,000 results in an estimated price of approximately £300,242.
| 31 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £225,000 | £75,242 | £300,242 |
The Postcode Pricing Model uses changes in average sales price within the ME9 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 | -6.820 % | £-15,344 | £209,655 |
| 3 Month Average | 20.999 % | £47,248 | £272,248 |
| 6 Month Average | 20.618 % | £46,390 | £271,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £272,500 | £272,500 | 63 STATION ROAD |
| 20 Mar 2024 | £172,653 | £170,000 | 45 HONEYBALL WALK |
| 16 Nov 2023 | £256,511 | £250,000 | 111 HONEYBALL WALK |
| 31 Aug 2023 | £257,138 | £252,500 | 72 HONEYBALL WALK |
| 29 Jun 2023 | £362,260 | £355,000 | 97 HONEYBALL WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Morello Close | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Anti-social behaviour | On or near Station Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |