£431,723
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £400,000 | 21 Dec 2021 |
| £415,000 | 14 Dec 2020 |
| Detached |
| Freehold |
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 December 2021 the House Price Index for KENT was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £400,000 results in an estimated price of approximately £431,723.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £400,000 | £31,723 | £431,723 |
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 | 17.046 % | £68,184 | £468,184 |
| 3 Month Average | 10.732 % | £42,926 | £442,926 |
| 6 Month Average | 4.150 % | £16,601 | £416,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £322,803 | £320,000 | 1 PHOENIX MEWS |
| 30 Nov 2023 | £400,158 | £390,000 | 10 SADLERS CLOSE |
| 27 Feb 2023 | £669,472 | £665,000 | 75 HALLSFIELD ROAD |
| 25 Jan 2023 | £501,340 | £500,000 | 5 PHOENIX MEWS |
| 24 May 2022 | £770,062 | £750,000 | 42 HALLSFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Phoenix Mews |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Phoenix Mews |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Phoenix Mews |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phoenix Mews |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Phoenix Mews |