£401,584
This estimated value is based upon the latest sale price for the house of £90,000 on 28 May 1999. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £90,000 | 28 May 1999 |
| Terraced |
| 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 May 1999 the House Price Index for KENT was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £90,000 results in an estimated price of approximately £401,584.
| 28 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £90,000 | £311,584 | £401,584 |
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 | 181.788 % | £163,609 | £253,609 |
| 3 Month Average | 272.706 % | £245,435 | £335,435 |
| 6 Month Average | 256.222 % | £230,599 | £320,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £287,416 | £283,000 | 23 REDBANK |
| 26 Jan 2023 | £408,592 | £407,500 | 11 BRIDGEWATER PLACE |
| 30 Nov 2022 | £447,906 | £450,000 | 6 BRIDGEWATER PLACE |
| 18 Aug 2022 | £376,762 | £375,000 | 25 REDBANK |
| 3 Aug 2022 | £369,226 | £367,500 | 19 REDBANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Croft |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Bridgewater Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbank |
| Oct 2024 | Other crime | Under investigation | On or near Woodlea |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodlea |