£490,166
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £325,000 | 14 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,009 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 August 2014 the House Price Index for KENT was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £325,000 results in an estimated price of approximately £490,166.
| 14 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.0 | 50.820 % | £325,000 | £165,166 | £490,166 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 26.825 % | £87,180 | £412,180 |
| 3 Month Average | 33.304 % | £108,239 | £433,239 |
| 6 Month Average | 54.760 % | £177,968 | £502,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £425,462 | £420,000 | 14 THE HALT |
| 9 Aug 2023 | £503,059 | £500,000 | 55 SOUTH STREET |
| 11 Nov 2022 | £246,011 | £250,000 | 52 SOUTH STREET |
| 28 Oct 2022 | £331,079 | £336,000 | 4 THE HALT |
| 21 Feb 2022 | £616,232 | £590,000 | 92 SOUTH STREET |
This house has a floor area of 93 sq meters or 1,009 sq feet when measured on 23 Mar 2011. Using an estimated price of £490,166 means this house is valued at £5,228 per sq meter (£485 per sq foot).
The average size of a house on SOUTH STREET is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |