£299,765
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 11 Dec 2015 |
| £158,000 | 23 Dec 2009 |
| £71,000 | 27 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 621 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 December 2015 the House Price Index for KENT was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £215,000 results in an estimated price of approximately £299,765.
| 11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £215,000 | £84,765 | £299,765 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 39.866 % | £85,711 | £300,711 |
| 3 Month Average | 31.128 % | £66,924 | £281,924 |
| 6 Month Average | 35.333 % | £75,965 | £290,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £272,365 | £270,000 | 39 OLIVINE CLOSE |
| 11 Nov 2022 | £303,580 | £305,000 | 17 VIOLET CLOSE |
| 1 Sep 2022 | £424,716 | £425,000 | 3 FORESTDALE ROAD |
| 13 Jul 2022 | £291,420 | £288,500 | 1 IRIS CLOSE |
| 17 Dec 2021 | £314,079 | £291,000 | 21 IRIS CLOSE |
This house has a floor area of 57 sq meters or 621 sq feet when measured on 5 Oct 2009. Using an estimated price of £299,766 means this house is valued at £5,193 per sq meter (£482 per sq foot).
The average size of a house on VIOLET CLOSE is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Iris Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Iris Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Iris Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Olivine Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gean Close |