£529,866
This estimated value is based upon the latest sale price for the house of £395,000 on 6 Jul 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £395,000 | 6 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £395,000 results in an estimated price of approximately £529,866.
| 6 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £395,000 | £134,866 | £529,866 |
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 | -5.888 % | £-23,257 | £371,742 |
| 3 Month Average | 33.484 % | £132,261 | £527,261 |
| 6 Month Average | 24.481 % | £96,701 | £491,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £360,000 | £360,000 | 63 MILLSTROOD ROAD |
| 14 Apr 2023 | £434,629 | £426,500 | HAVEN SYDNEY ROAD |
| 4 Apr 2023 | £330,176 | £324,000 | 4 CRANLEIGH GARDENS |
| 29 Jul 2022 | £358,593 | £355,000 | 11 WALMER ROAD |
| 20 Apr 2022 | £378,659 | £365,000 | 29 CRANLEIGH GARDENS |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 11 May 2012. Using an estimated price of £529,866 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on MILLSTROOD ROAD is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Willow Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Marks Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Jul 2024 | Anti-social behaviour | On or near Walmer Road | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walmer Road |