£238,637
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £165,000 | 5 Jun 2015 |
| £42,995 | 5 Jan 1996 |
| £42,950 | 7 Apr 1995 |
| Terraced |
| 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 June 2015 the House Price Index for KENT was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £165,000 results in an estimated price of approximately £238,637.
| 5 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.0 | 44.629 % | £165,000 | £73,637 | £238,637 |
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 | 81.138 % | £133,877 | £298,877 |
| 3 Month Average | 24.608 % | £40,603 | £205,603 |
| 6 Month Average | 57.987 % | £95,679 | £260,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £196,193 | £195,000 | 24 RALEIGH CLOSE |
| 6 Jul 2023 | £272,578 | £270,000 | 34 MONARCH CLOSE |
| 29 Jun 2023 | £288,842 | £286,500 | 42 MONARCH CLOSE |
| 3 Apr 2023 | £287,134 | £285,000 | 35 MONARCH CLOSE |
| 3 Apr 2023 | £334,486 | £332,000 | 32 RALEIGH CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Feb 2015. Using an estimated price of £238,637 means this house is valued at £4,044 per sq meter (£375 per sq foot).
The average size of a house on MONARCH CLOSE is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monarch Close |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Monarch Close |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Raleigh Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Raleigh Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Mermaid Close |