£481,303
This estimated value is based upon the latest sale price for the house of £386,500 on 22 May 2019. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Orchard Way
More crime details
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Price Paid | Date |
---|---|
£386,500 | 22 May 2019 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 May 2019 the House Price Index for KENT was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £386,500 results in an estimated price of approximately £481,303.
22 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £386,500 | £94,803 | £481,303 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | -34.580 % | £-133,652 | £252,847 |
3 Month Average | 1.931 % | £7,465 | £393,965 |
6 Month Average | -4.196 % | £-16,216 | £370,283 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £500,376 | £485,000 | 186 MALLING ROAD |
4 Dec 2023 | £386,888 | £375,000 | 2 MEADOW WALK |
27 Oct 2023 | £327,437 | £320,000 | 196 MALLING ROAD |
25 Aug 2023 | £376,796 | £370,000 | 9 ORCHARD WAY |
17 Aug 2023 | £442,990 | £435,000 | 2 ST KATHERINES LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 26 Mar 2019. Using an estimated price of £481,304 means this house is valued at £4,375 per sq meter (£406 per sq foot).
The average size of a house on ORCHARD WAY is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Orchard Way |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Katherine'S Lane |
May 2024 | Other theft | Under investigation | On or near Sharnal Lane |
May 2024 | Violence and sexual offences | Under investigation | On or near Sharnal Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharnal Lane |