£302,350
This estimated value is based upon the latest sale price for the house of £59,500 on 2 Jul 1997. 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 Cumberland Avenue
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Price Paid | Date |
---|---|
£59,500 | 2 Jul 1997 |
£59,000 | 25 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 July 1997 the House Price Index for KENT was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £59,500 results in an estimated price of approximately £302,350.
2 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.6 | 408.152 % | £59,500 | £242,850 | £302,350 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 241.392 % | £143,628 | £203,128 |
3 Month Average | 316.567 % | £188,357 | £247,857 |
6 Month Average | 246.427 % | £146,623 | £206,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £151,943 | £150,000 | 24 SUFFOLK ROAD |
14 Mar 2022 | £255,957 | £247,000 | 2 RUTLAND CLOSE |
11 Mar 2022 | £309,842 | £299,000 | 128 SPRING LANE |
13 Sep 2021 | £248,924 | £231,000 | 5 RUTLAND CLOSE |
6 Aug 2021 | £251,014 | £225,000 | 10 RUTLAND CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Dec 2018. Using an estimated price of £302,350 means this house is valued at £3,117 per sq meter (£289 per sq foot).
The average size of a house on SPRING LANE is 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cumberland Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cumberland Avenue |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cumberland Avenue |
Feb 2024 | Criminal damage and arson | Local resolution | On or near Cumberland Avenue |
Jan 2024 | Other crime | Under investigation | On or near Cumberland Avenue |