£575,186
This estimated value is based upon the latest sale price for the house of £410,000 on 12 Nov 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £410,000 | 12 Nov 2015 |
| £295,000 | 17 Dec 2004 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2015 the House Price Index for KENT was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £410,000 results in an estimated price of approximately £575,186.
| 12 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £410,000 | £165,186 | £575,186 |
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 | 61.496 % | £252,134 | £662,134 |
| 3 Month Average | 45.693 % | £187,340 | £597,340 |
| 6 Month Average | 34.270 % | £140,507 | £550,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £538,270 | £530,000 | 323 QUEENS ROAD |
| 4 Aug 2023 | £203,673 | £200,000 | FLAT 17 THE SOVEREIGNS QUEENS ROAD |
| 25 Nov 2022 | £678,826 | £682,000 | 2 COURT DRIVE |
| 3 Nov 2022 | £532,510 | £535,000 | 9 COURT DRIVE |
| 2 Sep 2022 | £609,593 | £610,000 | 5 THE SPIRES |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 22 Dec 2015. Using an estimated price of £575,186 means this house is valued at £5,751 per sq meter (£534 per sq foot).
The average size of a house on GREENWICH CLOSE is 160 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenwich Close |
| Sep 2024 | Anti-social behaviour | On or near Somerfield Road | |
| Sep 2024 | Anti-social behaviour | On or near Somerfield Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerfield Road |
| Aug 2024 | Other theft | Under investigation | On or near Somerfield Road |