£547,440
This estimated value is based upon the latest sale price for the house of £550,000 on 16 Nov 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £550,000 | 16 Nov 2022 |
| 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 November 2022 the House Price Index for KENT was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £550,000 results in an estimated price of approximately £547,440.
| 16 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £550,000 | £-2,559 | £547,440 |
The Postcode Pricing Model uses changes in average sales price within the ME17 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 | 12.665 % | £69,659 | £619,659 |
| 3 Month Average | -10.323 % | £-56,774 | £493,225 |
| 6 Month Average | -6.091 % | £-33,501 | £516,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £412,681 | £400,000 | 7 WARMLAKE CHARTWAY STREET |
| 28 Mar 2023 | £605,105 | £595,000 | EAST WENT CHARTWAY STREET |
| 16 Nov 2022 | £547,440 | £550,000 | THE OAST WARMLAKE BUSINESS ESTATE MAIDSTONE ROAD |
| 30 Aug 2022 | £567,654 | £565,000 | 1 MULBERRY COTTAGES CHARTWAY STREET |
| 29 Apr 2022 | £220,452 | £212,500 | 4 NORTH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Warmlake Orchard |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near The Oaks |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West View |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |