£497,983
This estimated value is based upon the latest sale price for the house of £378,872 on 16 Aug 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £378,872 | 16 Aug 2016 |
| £307,490 | 11 Jun 2004 |
| £150,000 | 21 May 2003 |
| 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 August 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £378,872 results in an estimated price of approximately £497,983.
| 16 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £378,872 | £119,111 | £497,983 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 76.634 % | £290,342 | £669,214 |
| 3 Month Average | 59.109 % | £223,947 | £602,819 |
| 6 Month Average | 26.125 % | £98,980 | £477,852 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penny Cress Gardens |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Penny Cress Gardens |
| Mar 2024 | Bicycle theft | Under investigation | On or near Penny Cress Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penny Cress Gardens |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Penny Cress Gardens |