£286,671
This estimated value is based upon the latest sale price for the house of £56,000 on 1 Jul 1997. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £56,000 | 1 Jul 1997 |
| £53,000 | 22 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 1997 the House Price Index for KENT was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £56,000 results in an estimated price of approximately £286,671.
| 1 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £56,000 | £230,671 | £286,671 |
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 | 426.176 % | £238,658 | £294,658 |
| 3 Month Average | 415.591 % | £232,731 | £288,731 |
| 6 Month Average | 412.519 % | £231,010 | £287,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £223,364 | £216,500 | 4 LUKIN HOUSE ROMNEY WAY |
| 31 Oct 2023 | £486,039 | £475,000 | 1 MARTELLO DRIVE |
| 30 Aug 2023 | £224,041 | £220,000 | 6 LUKIN HOUSE ROMNEY WAY |
| 15 Feb 2023 | £215,439 | £214,000 | 2 LUKIN HOUSE ROMNEY WAY |
| 13 Jan 2023 | £230,616 | £230,000 | 17 ROMNEY WAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 6 May 2015. Using an estimated price of £286,671 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on ROMNEY WAY is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Romney Way |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Shepherds Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Supermarket |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |