£298,658
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 28 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 February 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £240,000 results in an estimated price of approximately £298,658.
| 28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £240,000 | £58,658 | £298,658 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 21.119 % | £50,686 | £290,686 |
| 3 Month Average | 25.166 % | £60,398 | £300,398 |
| 6 Month Average | 19.138 % | £45,930 | £285,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £280,000 | £280,000 | 41 FOREST HILL |
| 12 Oct 2023 | £324,879 | £317,500 | 15 RAINHAM CLOSE |
| 3 Mar 2023 | £280,179 | £275,500 | 21 FOREST HILL |
| 3 Feb 2023 | £352,354 | £350,000 | 26 FOREST HILL |
| 20 Jan 2023 | £352,943 | £352,000 | 23 SALTWOOD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 23 Nov 2018. Using an estimated price of £298,659 means this house is valued at £4,666 per sq meter (£433 per sq foot).
The average size of a house on FOREST HILL is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Hill |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forest Hill |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Forest Hill |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Forest Hill |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forest Hill |