£258,591
This estimated value is based upon the latest sale price for the house of £167,000 on 4 Jun 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £167,000 | 4 Jun 2014 |
| £133,500 | 30 Apr 2010 |
| £50,000 | 1 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 June 2014 the House Price Index for KENT was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £167,000 results in an estimated price of approximately £258,591.
| 4 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £167,000 | £91,591 | £258,591 |
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 | 59.418 % | £99,228 | £266,228 |
| 3 Month Average | 65.213 % | £108,906 | £275,906 |
| 6 Month Average | 62.059 % | £103,638 | £270,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2024 | £420,000 | £420,000 | 7 PAYNES LANE |
| 26 Apr 2024 | £270,348 | £268,000 | 513 LOOSE ROAD |
| 30 Oct 2023 | £266,042 | £260,000 | 515 LOOSE ROAD |
| 30 Nov 2022 | £330,952 | £332,500 | 535 LOOSE ROAD |
| 29 Apr 2022 | £477,214 | £460,000 | 10 PAYNES LANE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 27 Jul 2020. Using an estimated price of £258,592 means this house is valued at £1,915 per sq meter (£177 per sq foot).
The average size of a house on LOOSE ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Berwyn Grove |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Lakelands |
| Aug 2024 | Public order | Under investigation | On or near Lakelands |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lakelands |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porchester Close |