£291,983
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Nov 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Nov 2020 |
| £75,000 | 1 Mar 2000 |
| £53,500 | 17 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2020 the House Price Index for KENT was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £250,000 results in an estimated price of approximately £291,983.
| 24 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £250,000 | £41,983 | £291,983 |
The Postcode Pricing Model uses changes in average sales price within the CT21 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 | 31.007 % | £77,517 | £327,517 |
| 3 Month Average | 7.179 % | £17,947 | £267,947 |
| 6 Month Average | 6.310 % | £15,775 | £265,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £350,000 | £350,000 | DERRY DOWNS MILL ROAD |
| 25 Mar 2024 | £279,291 | £275,000 | 35 WORTHINGTON LODGE, 2 EAST STREET |
| 20 Oct 2023 | £281,391 | £275,000 | 19 WORTHINGTON LODGE, 2 EAST STREET |
| 23 Jun 2023 | £183,681 | £180,000 | 12 WORTHINGTON LODGE, 2 EAST STREET |
| 9 Jun 2023 | £341,851 | £335,000 | 30 MILL ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Aug 2020. Using an estimated price of £291,984 means this house is valued at £3,945 per sq meter (£366 per sq foot).
The average size of a house on MILL ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |
| Jun 2024 | Drugs | Local resolution | On or near Bell Inn Road |
| Aug 2024 | Anti-social behaviour | On or near East Street | |
| Aug 2024 | Anti-social behaviour | On or near East Street | |
| Jun 2024 | Robbery | Under investigation | On or near East Street |