£249,559
This estimated value is based upon the latest sale price for the house of £144,000 on 18 Mar 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£144,000 | 18 Mar 2011 |
£25,000 | 31 Jul 1997 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 2011 the House Price Index for KENT was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £144,000 results in an estimated price of approximately £249,559.
18 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £144,000 | £105,559 | £249,559 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 80.266 % | £115,582 | £259,582 |
3 Month Average | 78.984 % | £113,737 | £257,737 |
6 Month Average | 79.401 % | £114,338 | £258,338 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £570,000 | £570,000 | 3 HIDDEN MEADOW |
2 Jun 2023 | £275,521 | £270,000 | 39 SPILLETT CLOSE |
6 Apr 2023 | £259,860 | £255,000 | 38 SPILLETT CLOSE |
16 Sep 2022 | £234,843 | £235,000 | 50 SOUTH ROAD |
24 Jun 2022 | £587,560 | £575,000 | 32 NIGHTINGALE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 31 Jan 2018. Using an estimated price of £249,560 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on SPILLETT CLOSE is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen'S Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cavour Road |
Oct 2024 | Anti-social behaviour | On or near Chart Close |