£623,309
This estimated value is based upon the latest sale price for the house of £590,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £590,000 | 21 Feb 2022 |
| £390,000 | 23 Oct 2020 |
| £270,000 | 10 Jul 2015 |
| £114,000 | 20 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2022 the House Price Index for KENT was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £590,000 results in an estimated price of approximately £623,309.
| 21 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £590,000 | £33,309 | £623,309 |
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 | -42.425 % | £-250,304 | £339,695 |
| 3 Month Average | 7.298 % | £43,059 | £633,059 |
| 6 Month Average | -4.898 % | £-28,897 | £561,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £950,000 | £950,000 | UNIT 16 JOSEPH WILSON INDUSTRIAL ESTATE |
| 31 Oct 2023 | £235,345 | £230,000 | UNIT 117 JOSEPH WILSON INDUSTRIAL ESTATE |
| 29 Sep 2023 | £664,652 | £650,000 | GOLDCREST RAYHAM ROAD |
| 8 Sep 2023 | £327,213 | £320,000 | 103 SOUTH STREET |
| 9 Aug 2023 | £509,184 | £500,000 | 55 SOUTH STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Nov 2015. Using an estimated price of £623,310 means this house is valued at £6,296 per sq meter (£584 per sq foot).
The average size of a house on SOUTH STREET is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Supermarket |
| Jul 2024 | Public order | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Public order | Under investigation | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |