£395,818
This estimated value is based upon the latest sale price for the house of £113,500 on 23 Apr 2001. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £113,500 | 23 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2001 the House Price Index for KENT was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £113,500 results in an estimated price of approximately £395,818.
| 23 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 149.7 | 248.739 % | £113,500 | £282,318 | £395,818 |
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 | 45.388 % | £51,515 | £165,015 |
| 3 Month Average | 156.546 % | £177,679 | £291,179 |
| 6 Month Average | 183.401 % | £208,159 | £321,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £479,611 | £470,000 | 27 HAZLITT DRIVE |
| 28 Feb 2023 | £805,380 | £800,000 | FOXBURY GIDDYHORN LANE |
| 12 Sep 2022 | £374,750 | £375,000 | 1 RIVERHEAD CLOSE |
| 8 Jul 2022 | £505,061 | £500,000 | 22 HAZLITT DRIVE |
| 26 Apr 2022 | £373,472 | £360,000 | 29 CHIPSTEAD CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Jun 2016. Using an estimated price of £395,819 means this house is valued at £5,497 per sq meter (£510 per sq foot).
The average size of a house on CHIPSTEAD CLOSE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near London Road | |
| Jun 2024 | Anti-social behaviour | On or near London Road | |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near London Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |