£659,262
This estimated value is based upon the latest sale price for the house of £535,000 on 22 Nov 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £535,000 | 22 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £535,000 results in an estimated price of approximately £659,262.
| 22 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £535,000 | £124,262 | £659,262 |
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 | 144.468 % | £772,904 | £1,307,904 |
| 3 Month Average | 40.707 % | £217,781 | £752,781 |
| 6 Month Average | 4.679 % | £25,032 | £560,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £365,410 | £360,000 | FLAT 2 LITTLE REDBROOKS LONDON ROAD |
| 3 Jul 2023 | £582,844 | £575,000 | 30 OLD LONDON ROAD |
| 3 Jul 2023 | £557,503 | £550,000 | 28 OLD LONDON ROAD |
| 30 Jun 2023 | £556,744 | £550,000 | 22 OLD LONDON ROAD |
| 14 Jun 2023 | £670,623 | £662,500 | 4 REDBROOKS WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 25 Jan 2018. Using an estimated price of £659,262 means this house is valued at £5,274 per sq meter (£489 per sq foot).
The average size of a house on LONDON ROAD is 139 sq meters (1,500 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Johns Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Johns Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Johns Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near St Johns Road |