£502,057
This estimated value is based upon the latest sale price for the house of £219,995 on 8 Sep 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £219,995 | 8 Sep 2003 |
| £94,000 | 16 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2003 the House Price Index for KENT was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £219,995 results in an estimated price of approximately £502,057.
| 8 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £219,995 | £282,062 | £502,057 |
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 | 99.430 % | £218,742 | £438,737 |
| 3 Month Average | 102.358 % | £225,183 | £445,178 |
| 6 Month Average | 96.975 % | £213,339 | £433,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £397,584 | £392,500 | 39 SHEARWATER |
| 6 Jun 2023 | £506,131 | £500,000 | 13 LYLE COURT |
| 7 Feb 2023 | £414,721 | £415,000 | 17 SHEARWATER |
| 20 Jan 2023 | £383,195 | £385,000 | 3 FORDINGBRIDGE CLOSE |
| 21 Sep 2022 | £352,156 | £355,000 | 115 POPLAR GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 18 Oct 2019. Using an estimated price of £502,057 means this house is valued at £4,736 per sq meter (£440 per sq foot).
The average size of a house on SHEARWATER is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near The Russets |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Russets |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fordingbridge Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyle Court |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sterling Avenue |