£297,802
This estimated value is based upon the latest sale price for the house of £237,000 on 16 May 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £237,000 | 16 May 2018 |
| £159,000 | 14 Mar 2014 |
| £159,950 | 15 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2018 the House Price Index for KENT was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £237,000 results in an estimated price of approximately £297,802.
| 16 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £237,000 | £60,802 | £297,802 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 41.150 % | £97,525 | £334,525 |
| 3 Month Average | 10.747 % | £25,470 | £262,470 |
| 6 Month Average | 16.768 % | £39,739 | £276,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £268,243 | £260,000 | 37 FIR TREE GROVE |
| 12 Sep 2023 | £195,305 | £191,000 | 6 LARCHWOOD CLOSE |
| 20 Apr 2023 | £300,623 | £295,000 | 7 GOLDEN WOOD CLOSE |
| 5 Jul 2022 | £272,733 | £270,000 | 16 CONIFER DRIVE |
| 12 Jan 2022 | £280,953 | £265,000 | 32 FIR TREE GROVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Oct 2013. Using an estimated price of £297,803 means this house is valued at £4,079 per sq meter (£378 per sq foot).
The average size of a house on FIR TREE GROVE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Fir Tree Grove |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Larch Wood Close |
| Apr 2024 | Public order | Awaiting court outcome | On or near Larch Wood Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Conifer Drive |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Conifer Drive |