£240,248
This estimated value is based upon the latest sale price for the house of £42,500 on 24 May 1996. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £42,500 | 24 May 1996 |
| Flats/Maisonettes |
| Leasehold |
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 May 1996 the House Price Index for KENT was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £42,500 results in an estimated price of approximately £240,248.
| 24 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £42,500 | £197,748 | £240,248 |
The Postcode Pricing Model uses changes in average sales price within the CT21 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 | 552.314 % | £234,733 | £277,233 |
| 3 Month Average | 431.949 % | £183,578 | £226,078 |
| 6 Month Average | 454.045 % | £192,969 | £235,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £773,959 | £760,000 | NOWELL COTTAGE ALDINGTON ROAD |
| 29 Jun 2023 | £408,180 | £400,000 | 2 TOURNEY CLOSE |
| 9 Jun 2023 | £316,339 | £310,000 | 9 TOURNEY CLOSE |
| 22 Feb 2023 | £5,536,987 | £5,500,000 | LYMPNE CASTLE THE STREET |
| 28 Jun 2022 | £367,863 | £360,000 | 4 ROWLAND COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reach Road |
| Aug 2024 | Other theft | Local resolution | On or near Reach Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reach Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beacon Way |
| Oct 2024 | Public order | Awaiting court outcome | On or near Harman Avenue |