£412,227
This estimated value is based upon the latest sale price for the house of £327,500 on 16 Feb 2018. 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 Grasmere Road
More crime details
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| Price Paid | Date |
|---|---|
| £327,500 | 16 Feb 2018 |
| £183,000 | 26 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 February 2018 the House Price Index for KENT was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £327,500 results in an estimated price of approximately £412,227.
| 16 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £327,500 | £84,727 | £412,227 |
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 | 2.315 % | £7,582 | £335,082 |
| 3 Month Average | 33.464 % | £109,595 | £437,095 |
| 6 Month Average | 14.951 % | £48,965 | £376,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £257,926 | £250,000 | 62 CLOVER RISE |
| 14 Dec 2023 | £428,156 | £415,000 | 72 CLOVER RISE |
| 27 Jan 2023 | £441,179 | £440,000 | 57 CLOVER RISE |
| 2 Sep 2022 | £269,820 | £270,000 | 57 RICHMOND ROAD |
| 24 Jun 2022 | £357,645 | £350,000 | 55 RICHMOND ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Oct 2017. Using an estimated price of £412,227 means this house is valued at £6,986 per sq meter (£649 per sq foot).
The average size of a house on RICHMOND ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grasmere Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grasmere Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Blackberry Way |
| Jul 2024 | Other theft | Under investigation | On or near Lismore Road |
| Jul 2024 | Other theft | Under investigation | On or near Lismore Road |