£372,429
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 15 Oct 2018 |
| Semi-Detached |
| Freehold |
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 October 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £300,000 results in an estimated price of approximately £372,429.
| 15 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £300,000 | £72,429 | £372,429 |
The Postcode Pricing Model uses changes in average sales price within the ME9 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 | -3.349 % | £-10,046 | £289,953 |
| 3 Month Average | -3.114 % | £-9,342 | £290,657 |
| 6 Month Average | 3.602 % | £10,805 | £310,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £262,000 | £262,000 | 33 DRAKES CLOSE |
| 22 Mar 2024 | £319,915 | £315,000 | 110 CHAFFES LANE |
| 12 Dec 2023 | £397,205 | £385,000 | 47 CHAFFES LANE |
| 12 Jul 2022 | £414,150 | £410,000 | 4 BRADSHAW CLOSE |
| 28 Mar 2022 | £302,741 | £290,000 | 23 BISHOP LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drakes Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drakes Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Drakes Close |
| Sep 2024 | Drugs | Under investigation | On or near Bishop Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bishop Lane |