£811,608
This estimated value is based upon the latest sale price for the house of £485,000 on 22 Jul 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £485,000 | 22 Jul 2013 |
| £336,666 | 2 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 July 2013 the House Price Index for KENT was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £485,000 results in an estimated price of approximately £811,608.
| 22 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £485,000 | £326,608 | £811,608 |
The Postcode Pricing Model uses changes in average sales price within the ME19 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 | 15.321 % | £74,308 | £559,308 |
| 3 Month Average | 54.944 % | £266,478 | £751,478 |
| 6 Month Average | 57.709 % | £279,888 | £764,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £429,600 | £423,000 | 7 OFFHAM ROAD |
| 4 Dec 2023 | £500,376 | £485,000 | 39 NORMAN ROAD |
| 3 Nov 2023 | £643,843 | £627,500 | 11 SANDOWN ROAD |
| 2 Oct 2023 | £429,761 | £420,000 | 34 OFFHAM ROAD |
| 6 Sep 2023 | £357,889 | £350,000 | 12 SANDOWN ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 12 Dec 2012. Using an estimated price of £811,608 means this house is valued at £7,182 per sq meter (£667 per sq foot).
The average size of a house on OFFHAM ROAD is 124 sq meters (1,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Fields |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church Fields |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Sandown Road |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Sandown Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandown Road |