£309,065
This estimated value is based upon the latest sale price for the house of £179,500 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £179,500 | 23 Mar 2012 |
| £164,000 | 27 Aug 2004 |
| £123,000 | 30 Nov 2001 |
| £67,000 | 17 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 750 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 March 2012 the House Price Index for KENT was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £179,500 results in an estimated price of approximately £309,065.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £179,500 | £129,565 | £309,065 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 74.028 % | £132,880 | £312,380 |
| 3 Month Average | 73.119 % | £131,248 | £310,748 |
| 6 Month Average | 69.528 % | £124,802 | £304,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £309,866 | £302,000 | 40 HIGHAM CLOSE |
| 6 Oct 2023 | £274,740 | £268,500 | 5 LAUNDER WAY |
| 30 Jun 2022 | £332,099 | £325,000 | 17 THE TAIL RACE |
| 25 Apr 2022 | £248,981 | £240,000 | 19 MILLERS WHARF |
| 30 Jun 2021 | £266,974 | £247,000 | 10 THE TAIL RACE |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 27 Sep 2011. Using an estimated price of £309,066 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on THE TAIL RACE is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near The Tail Race |
| Oct 2024 | Anti-social behaviour | On or near The Hurstings | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Boatyard |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Boatyard |
| Aug 2024 | Anti-social behaviour | On or near The Boatyard |