£224,093
This estimated value is based upon the latest sale price for the house of £48,000 on 30 Nov 1998. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £48,000 | 30 Nov 1998 |
| £40,500 | 2 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 1998 the House Price Index for KENT was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £48,000 results in an estimated price of approximately £224,093.
| 30 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £48,000 | £176,093 | £224,093 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 444.633 % | £213,423 | £261,423 |
| 3 Month Average | 360.717 % | £173,144 | £221,144 |
| 6 Month Average | 357.634 % | £171,664 | £219,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £200,000 | £200,000 | 6 WAVERLEY CLOSE |
| 3 May 2024 | £210,500 | £210,500 | 11 PIRBRIGHT CLOSE |
| 29 Sep 2023 | £260,748 | £255,000 | 19 MILLFIELDS |
| 21 Aug 2023 | £285,143 | £280,000 | 24 WAVERLEY CLOSE |
| 2 Feb 2023 | £259,735 | £258,000 | 27 HAYFIELDS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 10 Sep 2020. Using an estimated price of £224,093 means this house is valued at £4,668 per sq meter (£433 per sq foot).
The average size of a house on HAYFIELDS is 56 sq meters (607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hayfields |
| Jul 2024 | Vehicle crime | Under investigation | On or near Pirbright Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfields |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Millfields |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waverley Close |