£956,388
This estimated value is based upon the latest sale price for the house of £950,000 on 8 Feb 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £950,000 | 8 Feb 2023 |
| £479,950 | 31 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 February 2023 the House Price Index for KENT was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £950,000 results in an estimated price of approximately £956,388.
| 8 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £950,000 | £6,388 | £956,388 |
The Postcode Pricing Model uses changes in average sales price within the TN8 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 | 24.205 % | £229,949 | £1,179,949 |
| 3 Month Average | -0.984 % | £-9,349 | £940,650 |
| 6 Month Average | -32.985 % | £-313,353 | £636,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £933,103 | £925,000 | 14 GRESHAMS WAY |
| 15 Apr 2024 | £580,037 | £575,000 | 9 CHILTENHURST |
| 15 Dec 2023 | £902,739 | £875,000 | 3 GRESHAMS WAY |
| 6 Nov 2023 | £759,273 | £740,000 | 15 ORCHARD DRIVE |
| 17 Oct 2023 | £757,197 | £740,000 | 14 CHILTENHURST |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 30 Jul 2021. Using an estimated price of £956,389 means this house is valued at £4,469 per sq meter (£415 per sq foot).
The average size of a house on GRESHAMS WAY is 153 sq meters (1,649 sq feet).
This house is the largest in the street with a floor area of 214 sq meters (2,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Chiltenhurst |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chiltenhurst |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Aug 2024 | Anti-social behaviour | On or near Hill Close | |
| Aug 2024 | Anti-social behaviour | On or near Hill Close |