£401,993
This estimated value is based upon the latest sale price for the house of £325,000 on 21 Aug 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £325,000 | 21 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2018 the House Price Index for KENT was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £325,000 results in an estimated price of approximately £401,993.
| 21 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £325,000 | £76,993 | £401,993 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | 6.351 % | £20,639 | £345,639 |
| 3 Month Average | 9.723 % | £31,599 | £356,599 |
| 6 Month Average | 25.963 % | £84,378 | £409,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £201,715 | £199,000 | 19 RODNEY STREET |
| 5 Jun 2023 | £420,089 | £415,000 | 56 ROYAL ROAD |
| 24 Apr 2023 | £636,857 | £630,000 | 22 ROYAL ROAD |
| 18 Nov 2022 | £289,493 | £293,000 | 5 TOWNLEY STREET |
| 9 Sep 2022 | £452,347 | £456,000 | 26 RODNEY STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Aug 2018. Using an estimated price of £401,994 means this house is valued at £5,661 per sq meter (£526 per sq foot).
The average size of a house on ROYAL ROAD is 140 sq meters (1,511 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Royal Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Royal Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Royal Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Royal Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Townley Street |