£268,310
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Sep 2021 |
| £209,000 | 25 Jun 2018 |
| £35,000 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2021 the House Price Index for KENT was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £250,000 results in an estimated price of approximately £268,310.
| 23 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £250,000 | £18,310 | £268,310 |
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 | 10.964 % | £27,409 | £277,409 |
| 3 Month Average | -16.699 % | £-41,746 | £208,253 |
| 6 Month Average | -2.887 % | £-7,216 | £242,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £271,596 | £276,000 | 3 STAR MILL LANE |
| 6 Sep 2022 | £350,734 | £355,000 | 1 CHESTER ROAD |
| 7 Jul 2022 | £251,161 | £251,500 | 18 STAR MILL LANE |
| 11 Feb 2022 | £318,560 | £305,000 | 133 RAINHAM ROAD |
| 2 Nov 2021 | £174,498 | £162,000 | FLAT 12 PALACE COURT WATLING STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 23 Mar 2017. Using an estimated price of £268,310 means this house is valued at £3,312 per sq meter (£307 per sq foot).
The average size of a house on WATLING AVENUE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Watling Avenue |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Watling Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Watling Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Watling Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Watling Avenue |