£1,866
This estimated value is based upon the latest sale price for the house of £1,500 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £1,500 | 11 Jan 2019 |
| Freehold |
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 January 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £1,500 results in an estimated price of approximately £1,866.
| 11 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £1,500 | £366 | £1,866 |
The Postcode Pricing Model uses changes in average sales price within the CT15 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 | 80.430 % | £1,206 | £2,706 |
| 3 Month Average | 18.432 % | £276 | £1,776 |
| 6 Month Average | 19.895 % | £298 | £1,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £3,869,450 | £3,810,000 | PREMIER INN FOLKESTONE ROAD |
| 27 Oct 2023 | £460,458 | £450,000 | BALLINDERRY HOUSE FOLKESTONE ROAD |
| 14 Sep 2023 | £582,848 | £570,000 | WELBECK FOLKESTONE ROAD |
| 11 Aug 2023 | £330,969 | £325,000 | 25 MARLBOROUGH ROAD |
| 12 Aug 2022 | £944,416 | £940,000 | ELMS WOOD HOUSE ELMS VALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Elms Hill |
| Aug 2024 | Anti-social behaviour | On or near Elms Hill | |
| Aug 2024 | Anti-social behaviour | On or near Elms Hill | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coombe Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coombe Road |