£343,403
This estimated value is based upon the latest sale price for the house of £198,950 on 2 Jun 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £198,950 | 2 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 951 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 June 2011 the House Price Index for KENT was 85.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.608%.Applying this 72.608% change to the original purchase price of £198,950 results in an estimated price of approximately £343,403.
| 2 Jun 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.0 | 72.608 % | £198,950 | £144,453 | £343,403 |
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 | 55.982 % | £111,375 | £310,325 |
| 3 Month Average | 51.082 % | £101,628 | £300,578 |
| 6 Month Average | 77.026 % | £153,242 | £352,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £182,729 | £181,000 | 183 OLYMPIA WAY |
| 14 Jul 2023 | £194,843 | £193,000 | 20 OLYMPIA WAY |
| 13 Jun 2023 | £221,798 | £220,000 | 223 OLYMPIA WAY |
| 23 Nov 2022 | £157,447 | £160,000 | 53 BELON DRIVE |
| 14 Apr 2022 | £235,897 | £230,000 | 217 OLYMPIA WAY |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 30 Jun 2011. Using an estimated price of £343,403 means this house is valued at £3,882 per sq meter (£360 per sq foot).
The average size of a house on OLYMPIA WAY is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belon Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pacific Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Pacific Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pacific Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pacific Close |