£337,483
This estimated value is based upon the latest sale price for the house of £315,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £315,000 | 17 Dec 2021 |
| £280,000 | 8 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2021 the House Price Index for KENT was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £315,000 results in an estimated price of approximately £337,483.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £315,000 | £22,483 | £337,483 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | 77.589 % | £244,404 | £559,404 |
| 3 Month Average | 27.259 % | £85,865 | £400,865 |
| 6 Month Average | 8.006 % | £25,219 | £340,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £303,885 | £300,000 | 31 APPLE CLOSE |
| 9 Jun 2023 | £389,721 | £385,000 | 97 SIMPSON ROAD |
| 5 Jun 2023 | £328,985 | £325,000 | 12 APPLE CLOSE |
| 31 Jan 2023 | £318,500 | £320,000 | 52 SIMPSON ROAD |
| 25 Nov 2022 | £340,871 | £345,000 | 17 APPLE CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Apr 2016. Using an estimated price of £337,484 means this house is valued at £5,113 per sq meter (£475 per sq foot).
The average size of a house on LAKEVIEW CLOSE is 141 sq meters (1,517 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Simpson Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Simpson Road |
| Jan 2024 | Anti-social behaviour | On or near Simpson Road | |
| Jan 2024 | Anti-social behaviour | On or near Simpson Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simpson Road |