£407,564
This estimated value is based upon the latest sale price for the house of £221,500 on 2 Jun 2009. 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 |
---|---|
£221,500 | 2 Jun 2009 |
£230,000 | 6 Jul 2006 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2009 the House Price Index for KENT was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £221,500 results in an estimated price of approximately £407,564.
2 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 84.002 % | £221,500 | £186,064 | £407,564 |
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 | 47.184 % | £104,513 | £326,013 |
3 Month Average | 76.310 % | £169,027 | £390,527 |
6 Month Average | 41.890 % | £92,785 | £314,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2022 | £255,957 | £247,000 | 2 RUTLAND CLOSE |
7 Mar 2022 | £253,884 | £245,000 | 37 SUFFOLK ROAD |
13 Sep 2021 | £248,924 | £231,000 | 5 RUTLAND CLOSE |
6 Aug 2021 | £251,014 | £225,000 | 10 RUTLAND CLOSE |
28 Jun 2021 | £186,689 | £174,000 | FLAT 2 3 SUSSEX WALK |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 30 Jun 2009. Using an estimated price of £407,564 means this house is valued at £3,340 per sq meter (£310 per sq foot).
The average size of a house on SPRING LANE is 93 sq meters (1,001 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 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 |