£577,661
This estimated value is based upon the latest sale price for the house of £465,000 on 9 May 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 Grimshill Road
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| Price Paid | Date |
|---|---|
| £465,000 | 9 May 2018 |
| £78,500 | 21 Jan 1999 |
| £74,500 | 19 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 May 2018 the House Price Index for KENT was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £465,000 results in an estimated price of approximately £577,661.
| 9 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £465,000 | £112,661 | £577,661 |
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 | 29.406 % | £136,739 | £601,739 |
| 3 Month Average | 7.591 % | £35,300 | £500,300 |
| 6 Month Average | 19.637 % | £91,313 | £556,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £301,017 | £300,000 | 58 GRIMSHILL ROAD |
| 28 Feb 2023 | £497,646 | £500,000 | 1 HILLVIEW ROAD |
| 12 Jan 2023 | £346,952 | £350,000 | 16 NORMAN ROAD |
| 24 Aug 2022 | £412,215 | £415,000 | 57 GRIMSHILL ROAD |
| 6 Apr 2022 | £423,077 | £412,500 | 5 HILL VIEW ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 17 Aug 2017. Using an estimated price of £577,662 means this house is valued at £4,813 per sq meter (£447 per sq foot).
The average size of a house on GRIMSHILL ROAD is 84 sq meters (913 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Awaiting court outcome | On or near Grimshill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingsley Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingsley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsley Road |