£285,192
This estimated value is based upon the latest sale price for the house of £220,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 26 May 2017 |
| £176,000 | 5 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 630 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 2017 the House Price Index for KENT was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £220,000 results in an estimated price of approximately £285,192.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £220,000 | £65,192 | £285,192 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 80.164 % | £176,360 | £396,360 |
| 3 Month Average | 43.690 % | £96,117 | £316,117 |
| 6 Month Average | 27.476 % | £60,446 | £280,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2024 | £420,000 | £420,000 | 7 PAYNES LANE |
| 26 Apr 2024 | £270,348 | £268,000 | 513 LOOSE ROAD |
| 30 Oct 2023 | £266,042 | £260,000 | 515 LOOSE ROAD |
| 30 Nov 2022 | £330,952 | £332,500 | 535 LOOSE ROAD |
| 29 Apr 2022 | £477,214 | £460,000 | 10 PAYNES LANE |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 8 Oct 2010. Using an estimated price of £285,192 means this house is valued at £4,869 per sq meter (£452 per sq foot).
The average size of a house on LOOSE ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Berwyn Grove |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Lakelands |
| Aug 2024 | Public order | Under investigation | On or near Lakelands |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lakelands |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porchester Close |