£469,543
This estimated value is based upon the latest sale price for the house of £437,500 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £437,500 | 30 Sep 2021 |
| £178,000 | 8 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2021 the House Price Index for KENT was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £437,500 results in an estimated price of approximately £469,543.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £437,500 | £32,043 | £469,543 |
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 | 11.120 % | £48,650 | £486,150 |
| 3 Month Average | 7.143 % | £31,249 | £468,749 |
| 6 Month Average | 10.753 % | £47,043 | £484,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £341,153 | £340,000 | 22 MARTINDOWN ROAD |
| 4 Aug 2022 | £451,946 | £455,000 | 38 VALKYRIE AVENUE |
| 21 Jun 2022 | £434,403 | £430,000 | 36 VALKYRIE AVENUE |
| 15 Jun 2022 | £388,942 | £385,000 | 3 HAWK CLOSE |
| 25 May 2022 | £375,583 | £370,000 | 65 GRIMTHORPE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Jun 2021. Using an estimated price of £469,543 means this house is valued at £6,905 per sq meter (£641 per sq foot).
The average size of a house on MARTINDOWN ROAD is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Sherwood Drive |
| Mar 2024 | Other crime | Under investigation | On or near Sherwood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sherwood Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheppey View |