£245,141
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Nov 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 | 12 Nov 2021 |
| £185,000 | 28 Feb 2020 |
| £190,000 | 28 Apr 2017 |
| £147,495 | 21 Nov 2014 |
| £132,500 | 27 Feb 2014 |
| £90,000 | 12 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2021 the House Price Index for KENT was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £225,000 results in an estimated price of approximately £245,141.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £225,000 | £20,141 | £245,141 |
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 | 84.811 % | £190,824 | £415,824 |
| 3 Month Average | 23.539 % | £52,962 | £277,962 |
| 6 Month Average | 22.920 % | £51,568 | £276,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £21,000 | £21,000 | GARAGE 6 GLEBE WAY |
| 17 May 2024 | £185,000 | £185,000 | 2 NORFOLK STREET |
| 16 Nov 2023 | £364,246 | £355,000 | 16 NORFOLK STREET |
| 16 Jun 2023 | £193,885 | £190,000 | 107B CANTERBURY ROAD |
| 9 Mar 2023 | £165,768 | £163,000 | 48 CANTERBURY ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 18 Jun 2021. Using an estimated price of £245,142 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on NORFOLK STREET is 77 sq meters (829 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Street |
| Nov 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Glebe Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Way |
| Sep 2024 | Anti-social behaviour | On or near Glebe Way | |
| Sep 2024 | Anti-social behaviour | On or near Glebe Way |