£459,085
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £400,000 | 17 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2020 the House Price Index for KENT was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £400,000 results in an estimated price of approximately £459,085.
| 17 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £400,000 | £59,085 | £459,085 |
The Postcode Pricing Model uses changes in average sales price within the ME10 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 | 20.921 % | £83,683 | £483,683 |
| 3 Month Average | 10.399 % | £41,594 | £441,594 |
| 6 Month Average | 24.204 % | £96,815 | £496,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £538,477 | £545,000 | 3 ROSE WALK |
| 15 Jul 2022 | £421,134 | £420,000 | 104 BLUEBELL DRIVE |
| 28 Mar 2022 | £559,582 | £540,000 | 10 SNOWDROP WALK |
| 28 Jan 2022 | £384,129 | £365,000 | 36D ROSE WALK |
| 7 Dec 2021 | £637,469 | £595,000 | 1 ROSE WALK |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 27 Jan 2020. Using an estimated price of £459,085 means this house is valued at £3,643 per sq meter (£338 per sq foot).
The average size of a house on HONESTY CLOSE is 123 sq meters (1,329 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honesty Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Honesty Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Anti-social behaviour | On or near Marjoram Drive | |
| Jan 2024 | Anti-social behaviour | On or near Marjoram Drive |