£370,841
This estimated value is based upon the latest sale price for the house of £300,000 on 8 May 2019. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Gorrell Road
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 8 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2019 the House Price Index for KENT was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £300,000 results in an estimated price of approximately £370,841.
| 8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £300,000 | £70,841 | £370,841 |
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 | -6.030 % | £-18,090 | £281,909 |
| 3 Month Average | -1.689 % | £-5,067 | £294,932 |
| 6 Month Average | 14.046 % | £42,138 | £342,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Dec 2023 | £244,274 | £240,000 | 2 GORRELL COURT MILLSTROOD ROAD |
| 11 Sep 2023 | £354,533 | £350,000 | 5 MILLFIELD MANOR |
| 17 Apr 2023 | £831,452 | £822,500 | 45 OLD BRIDGE ROAD |
| 10 Jan 2023 | £413,054 | £415,000 | 6 MILLFIELD MANOR |
| 16 Sep 2022 | £250,477 | £252,500 | 1B DOWNS AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Jul 2018. Using an estimated price of £370,841 means this house is valued at £3,531 per sq meter (£328 per sq foot).
The average size of a house on OLD BRIDGE ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Gorrell Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gorrell Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Gorrell Road |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |