£240,433
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£225,000 | 28 Jun 2021 |
£240,000 | 16 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 871 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 June 2021 the House Price Index for KENT was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £225,000 results in an estimated price of approximately £240,433.
28 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £225,000 | £15,433 | £240,433 |
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 | 11.533 % | £25,948 | £250,948 |
3 Month Average | -5.181 % | £-11,657 | £213,342 |
6 Month Average | 5.886 % | £13,242 | £238,242 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £311,897 | £310,000 | 34 LONG REACH CLOSE |
14 Sep 2022 | £518,692 | £525,000 | 6 THE OAZE |
6 May 2022 | £517,695 | £510,000 | 8 LONG REACH CLOSE |
14 Apr 2022 | £295,026 | £287,650 | 13 COLUMBINE CLOSE |
26 Nov 2021 | £364,076 | £338,000 | 11 OLD FARM CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Jan 2019. Using an estimated price of £240,433 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on WRAIK HILL is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Prospect Way |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prospect Way |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Prospect Way |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Prospect Way |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Prospect Way |