£450,018
This estimated value is based upon the latest sale price for the house of £362,500 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £362,500 | 25 Oct 2018 |
| 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 October 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £362,500 results in an estimated price of approximately £450,018.
| 25 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £362,500 | £87,518 | £450,018 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 51.695 % | £187,394 | £549,894 |
| 3 Month Average | 42.359 % | £153,551 | £516,051 |
| 6 Month Average | 26.380 % | £95,626 | £458,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £502,000 | £502,000 | ARC CAR WASH THANET WAY |
| 30 Nov 2023 | £266,772 | £260,000 | 9 LAVENDER CLOSE |
| 6 Oct 2023 | £243,019 | £237,500 | 1 LAVENDER CLOSE |
| 6 Feb 2023 | £271,816 | £270,000 | 22 LAVENDER CLOSE |
| 3 Nov 2022 | £298,604 | £300,000 | 89 PRIMROSE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Lavender Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Primrose Way |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |