£253,408
This estimated value is based upon the latest sale price for the house of £205,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £205,000 | 3 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2019 the House Price Index for KENT was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £205,000 results in an estimated price of approximately £253,408.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £205,000 | £48,408 | £253,408 |
The Postcode Pricing Model uses changes in average sales price within the CT21 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 | 38.423 % | £78,766 | £283,766 |
| 3 Month Average | 55.260 % | £113,283 | £318,283 |
| 6 Month Average | 3.161 % | £6,479 | £211,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £493,063 | £488,750 | 22 PARK ROAD |
| 27 Jul 2023 | £570,174 | £562,500 | 7 ORMONDE ROAD |
| 8 Jun 2023 | £523,339 | £517,000 | 4 GREY WALLS, 25 ALBERT ROAD |
| 19 Apr 2023 | £353,810 | £350,000 | 56 PARK ROAD |
| 17 Feb 2023 | £726,511 | £727,000 | 40 ALBERT ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Sep 2018. Using an estimated price of £253,408 means this house is valued at £4,295 per sq meter (£399 per sq foot).
The average size of a house on PARK ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cobden Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newmans Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newmans Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmans Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wood Road |