£407,723
This estimated value is based upon the latest sale price for the house of £330,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £330,000 | 22 Nov 2019 |
| £216,000 | 27 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,091 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 2019 the House Price Index for KENT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £330,000 results in an estimated price of approximately £407,723.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £330,000 | £77,723 | £407,723 |
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 | 74.706 % | £246,528 | £576,528 |
| 3 Month Average | 49.388 % | £162,981 | £492,981 |
| 6 Month Average | 28.498 % | £94,042 | £424,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £224,499 | £220,000 | 223 OLYMPIA WAY |
| 23 Nov 2022 | £159,255 | £160,000 | 53 BELON DRIVE |
| 17 Nov 2022 | £283,674 | £285,000 | 10 OLYMPIA WAY |
| 24 Jan 2022 | £222,642 | £210,000 | 205 OLYMPIA WAY |
| 6 Dec 2021 | £183,482 | £170,000 | 35 OLYMPIA WAY |
This house has a floor area of 101 sq meters or 1,091 sq feet when measured on 2 Nov 2011. Using an estimated price of £407,723 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on OLYMPIA WAY is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olympia Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olympia Way |
| Nov 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pacific Close |
| Nov 2024 | Other crime | Action to be taken by another organisation | On or near Pacific Close |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pacific Close |