£306,971
This estimated value is based upon the latest sale price for the house of £300,000 on 3 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 3 Oct 2023 |
| £150,000 | 16 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2023 the House Price Index for KENT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £300,000 results in an estimated price of approximately £306,971.
| 3 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £300,000 | £6,971 | £306,971 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | -22.716 % | £-68,147 | £231,852 |
| 3 Month Average | 18.387 % | £55,161 | £355,161 |
| 6 Month Average | 6.782 % | £20,346 | £320,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £251,381 | £245,000 | 14 QUEENS ROAD |
| 7 Nov 2023 | £384,767 | £375,000 | 1 VICTORIA ORCHARD |
| 6 Nov 2023 | £430,939 | £420,000 | 86 QUEENS ROAD |
| 3 Oct 2023 | £306,972 | £300,000 | 4 QUEENS ROAD |
| 11 Aug 2023 | £346,245 | £340,000 | 17 FRESHLAND ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Oct 2008. Using an estimated price of £306,972 means this house is valued at £4,871 per sq meter (£452 per sq foot).
The average size of a house on QUEENS ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Orchard |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Orchard |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Orchard |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Victoria Orchard |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Orchard |