£235,990
This estimated value is based upon the latest sale price for the house of £230,000 on 2 Nov 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 2 Nov 2023 |
| £32,000 | 20 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2023 the House Price Index for KENT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £230,000 results in an estimated price of approximately £235,990.
| 2 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £230,000 | £5,990 | £235,990 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 2.188 % | £5,032 | £235,032 |
| 3 Month Average | 2.252 % | £5,180 | £235,180 |
| 6 Month Average | -10.514 % | £-24,182 | £205,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £620,000 | £620,000 | 12 ORDNANCE TERRACE |
| 2 Nov 2023 | £235,990 | £230,000 | 35 ORDNANCE STREET |
| 29 Jun 2023 | £341,851 | £335,000 | 48 ROCHESTER STREET |
| 7 Jun 2023 | £394,914 | £387,000 | 17 ORDNANCE TERRACE |
| 28 Feb 2023 | £261,748 | £260,000 | 15 NEW STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Apr 2019. Using an estimated price of £235,990 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on ORDNANCE STREET is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Oct 2024 | Anti-social behaviour | On or near Ordnance Terrace | |
| Oct 2024 | Anti-social behaviour | On or near Ordnance Terrace | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ordnance Terrace |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ordnance Terrace |