£223,045
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Apr 2022 |
| £54,950 | 13 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 April 2022 the House Price Index for KENT was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £215,000 results in an estimated price of approximately £223,045.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £215,000 | £8,045 | £223,045 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -0.116 % | £-249 | £214,750 |
| 3 Month Average | -3.191 % | £-6,861 | £208,138 |
| 6 Month Average | 11.961 % | £25,715 | £240,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £292,423 | £285,000 | 54 MAIDSTONE ROAD |
| 24 Jan 2023 | £195,522 | £195,000 | 5 ARMADA WAY |
| 14 Apr 2022 | £223,046 | £215,000 | 49 ARMADA WAY |
| 31 Mar 2022 | £214,058 | £205,050 | 118 MOUNT ROAD |
| 11 Nov 2021 | £201,561 | £185,000 | 26 ARMADA WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Oct 2021. Using an estimated price of £223,046 means this house is valued at £3,913 per sq meter (£363 per sq foot).
The average size of a house on ARMADA WAY is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Mount Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Mount Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mount Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Mount Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Road |