£147,535
This estimated value is based upon the latest sale price for the house of £48,500 on 6 Mar 2002. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£48,500 | 6 Mar 2002 |
£33,950 | 24 Feb 2000 |
£16,000 | 10 Oct 1997 |
Terraced |
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 March 2002 the House Price Index for KENT was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £48,500 results in an estimated price of approximately £147,535.
6 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 149.7 | 204.197 % | £48,500 | £99,035 | £147,535 |
The Postcode Pricing Model uses changes in average sales price within the ME12 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 | 335.793 % | £162,859 | £211,359 |
3 Month Average | 264.676 % | £128,367 | £176,867 |
6 Month Average | 238.160 % | £115,507 | £164,007 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £205,209 | £200,000 | 55 RICHMOND STREET |
2 Aug 2023 | £183,306 | £180,000 | 7 RICHMOND STREET |
28 Apr 2023 | £203,812 | £200,000 | 7 JEFFERSON ROAD |
26 Apr 2023 | £175,788 | £172,500 | 8 RICHMOND STREET |
26 Apr 2023 | £175,788 | £172,500 | 8A RICHMOND STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Jul 2015. Using an estimated price of £147,535 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on RICHMOND STREET is 60 sq meters (656 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Richmond Street |
Jul 2024 | Other crime | Under investigation | On or near Richmond Street |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Richmond Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Richmond Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Richmond Street |