£385,419
This estimated value is based upon the latest sale price for the house of £320,000 on 18 Mar 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £320,000 | 18 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 March 2020 the House Price Index for KENT was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £320,000 results in an estimated price of approximately £385,419.
| 18 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £320,000 | £65,419 | £385,419 |
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 | -9.035 % | £-28,911 | £291,088 |
| 3 Month Average | -6.226 % | £-19,924 | £300,075 |
| 6 Month Average | 9.793 % | £31,338 | £351,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £405,176 | £399,995 | 49 PRINCESS ROAD |
| 15 Aug 2023 | £403,530 | £400,000 | 11 ELM WOOD WEST |
| 29 Apr 2022 | £242,003 | £235,000 | 9 SUMMER COURT |
| 14 Apr 2022 | £442,814 | £430,000 | 30 ELM WOOD WEST |
| 16 Mar 2022 | £473,572 | £457,000 | 29 ELM WOOD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Oct 2018. Using an estimated price of £385,420 means this house is valued at £4,534 per sq meter (£421 per sq foot).
The average size of a house on ELM WOOD WEST is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Brook Road |