£379,401
This estimated value is based upon the latest sale price for the house of £261,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Forge Lane
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| Price Paid | Date |
|---|---|
| £261,000 | 1 May 2015 |
| £182,000 | 19 Aug 2011 |
| £48,000 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,023 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 2015 the House Price Index for KENT was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £261,000 results in an estimated price of approximately £379,401.
| 1 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.0 | 45.365 % | £261,000 | £118,401 | £379,401 |
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 | 36.220 % | £94,534 | £355,534 |
| 3 Month Average | 26.769 % | £69,867 | £330,867 |
| 6 Month Average | 47.914 % | £125,054 | £386,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £243,847 | £245,000 | FLAT 7 WHITBOURNE COURT ESSEX STREET |
| 16 Jan 2023 | £198,259 | £200,000 | 33 KENT STREET |
| 25 Jul 2022 | £394,467 | £395,000 | 53 ESSEX STREET |
| 21 Feb 2022 | £341,016 | £326,500 | 24 KENT STREET |
| 21 Jan 2022 | £330,170 | £315,000 | 3 WHITBOURNE COURT ESSEX STREET |
This house has a floor area of 95 sq meters or 1,023 sq feet when measured on 9 May 2011. Using an estimated price of £379,402 means this house is valued at £3,989 per sq meter (£370 per sq foot).
The average size of a house on ESSEX STREET is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Forge Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Forge Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mariners Court |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillview Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hillview Road |