£1,575,948
This estimated value is based upon the latest sale price for the house of £1,180,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Alexandre House, 399 Crofton Road, Locksbottom, Kent, BR6 8NL
Phone: 01689867106
| Price Paid | Date |
|---|---|
| £1,180,000 | 10 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 275 sq meters or 2,960 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £1,180,000 results in an estimated price of approximately £1,575,948.
| 10 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £1,180,000 | £395,948 | £1,575,948 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | -8.663 % | £-102,225 | £1,077,774 |
| 3 Month Average | 24.213 % | £285,708 | £1,465,708 |
| 6 Month Average | 20.912 % | £246,766 | £1,426,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £681,932 | £670,000 | 5 OAKLEY ROAD |
| 18 Sep 2023 | £496,346 | £490,000 | 17 OAKLEY ROAD |
| 19 Aug 2022 | £851,707 | £854,000 | 44 GRAVEL ROAD |
| 2 Feb 2022 | £262,174 | £250,000 | 9 TRINITY CLOSE |
| 2 Feb 2022 | £261,125 | £249,000 | GARAGE 6 TRINITY CLOSE |
This house has a floor area of 275 sq meters or 2,960 sq feet when measured on 11 Apr 2016. Using an estimated price of £1,575,948 means this house is valued at £5,730 per sq meter (£532 per sq foot).
The average size of a house on LANGHAM CLOSE is 386 sq meters (4,161 sq feet).
This house is the largest in the street with a floor area of 275 sq meters (2,960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Langham Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherry Orchard Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Orchard Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Road |