£392,046
This estimated value is based upon the latest sale price for the house of £380,000 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £380,000 | 18 Dec 2023 |
| £370,000 | 4 Mar 2022 |
| £256,000 | 10 Jul 2017 |
| £190,000 | 28 Apr 2017 |
| £60,000 | 13 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2023 the House Price Index for KENT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £380,000 results in an estimated price of approximately £392,046.
| 18 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £380,000 | £12,046 | £392,046 |
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 | 32.680 % | £124,182 | £504,182 |
| 3 Month Average | 9.192 % | £34,927 | £414,927 |
| 6 Month Average | 5.738 % | £21,805 | £401,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £392,047 | £380,000 | 9 MILL WALK |
| 15 Dec 2023 | £412,681 | £400,000 | 6 LONG REDE LANE |
| 30 Nov 2023 | £351,420 | £342,500 | 22 MILL WALK |
| 30 Oct 2023 | £475,807 | £465,000 | 77 HEATH ROAD |
| 21 Aug 2023 | £239,316 | £235,000 | 53 HEATH ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Mar 2016. Using an estimated price of £392,047 means this house is valued at £5,297 per sq meter (£492 per sq foot).
The average size of a house on MILL WALK is 91 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Mill Walk | |
| Sep 2024 | Anti-social behaviour | On or near Mill Walk | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Nicholas Close |
| Jul 2024 | Other crime | Action to be taken by another organisation | On or near Nicholas Close |
| Aug 2024 | Burglary | Local resolution | On or near Long Rede Lane |