£264,056
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £260,000 | 8 Mar 2024 |
| £205,000 | 7 Jul 2023 |
| £55,000 | 20 Apr 2000 |
| 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 March 2024 the House Price Index for KENT was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £260,000 results in an estimated price of approximately £264,056.
| 8 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £260,000 | £4,056 | £264,056 |
The Postcode Pricing Model uses changes in average sales price within the ME10 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 | -13.454 % | £-34,981 | £225,018 |
| 3 Month Average | 7.468 % | £19,415 | £279,415 |
| 6 Month Average | -3.433 % | £-8,925 | £251,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £264,057 | £260,000 | 56 MERLEBURGH DRIVE |
| 12 Jun 2023 | £247,969 | £243,000 | 53 MERLEBURGH DRIVE |
| 6 Jan 2023 | £270,723 | £270,000 | 63 MERLEBURGH DRIVE |
| 10 Jun 2022 | £214,587 | £210,000 | 33 MERLEBURGH DRIVE |
| 19 Jan 2022 | £220,521 | £208,000 | 79 MERLEBURGH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Merleburgh Drive |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Merleburgh Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merleburgh Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Merleburgh Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merleburgh Drive |