£671,754
This estimated value is based upon the latest sale price for the house of £550,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £550,000 | 4 Oct 2019 |
| Detached |
| 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 October 2019 the House Price Index for KENT was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £550,000 results in an estimated price of approximately £671,754.
| 4 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £550,000 | £121,754 | £671,754 |
The Postcode Pricing Model uses changes in average sales price within the ME9 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 | 110.035 % | £605,195 | £1,155,195 |
| 3 Month Average | 18.935 % | £104,143 | £654,143 |
| 6 Month Average | -6.658 % | £-36,616 | £513,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £1,180,851 | £1,200,000 | STONE COTTAGE |
| 11 Nov 2022 | £329,654 | £335,000 | BANKS FARM COTTAGE TEYNHAM STREET |
| 13 Jul 2022 | £439,406 | £440,000 | 14 THE MOORINGS |
| 13 Apr 2022 | £923,026 | £899,950 | CLOCKTOWER BARN NORTON ROAD |
| 1 Apr 2022 | £246,154 | £240,000 | 7 BUCKLAND COTTAGES LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Lower Road |
| Feb 2024 | Public order | Under investigation | On or near Lower Road |
| Apr 2024 | Other crime | Under investigation | On or near Lower Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Road |
| Apr 2024 | Possession of weapons | Under investigation | On or near Lower Road |