£311,922
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Nov 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£235,000 | 28 Nov 2016 |
£175,000 | 22 Jul 2016 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 2016 the House Price Index for KENT was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £235,000 results in an estimated price of approximately £311,922.
28 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £235,000 | £76,922 | £311,922 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 50.438 % | £118,529 | £353,529 |
3 Month Average | 36.136 % | £84,919 | £319,919 |
6 Month Average | 34.308 % | £80,623 | £315,623 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £267,321 | £265,000 | 15 SHERBOURNE DRIVE |
28 Oct 2022 | £219,268 | £220,000 | 2 GATLAND LANE |
26 Aug 2022 | £492,302 | £490,000 | 37 GATLAND LANE |
12 Aug 2022 | £284,330 | £283,000 | 15 BURGHCLERE DRIVE |
31 Jan 2022 | £233,244 | £220,000 | 30 SHERBOURNE DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 29 Jan 2016. Using an estimated price of £311,922 means this house is valued at £5,570 per sq meter (£517 per sq foot).
The average size of a house on SHERBOURNE DRIVE is 54 sq meters (587 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Ridgway | |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Ridgway |
Jul 2024 | Anti-social behaviour | On or near Ridgway | |
Jul 2024 | Anti-social behaviour | On or near Ridgway | |
Jul 2024 | Anti-social behaviour | On or near Ridgway |