£179,244
This estimated value is based upon the latest sale price for the house of £35,000 on 26 Jun 1997. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £35,000 | 26 Jun 1997 |
| £23,000 | 25 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 1997 the House Price Index for KENT was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £35,000 results in an estimated price of approximately £179,244.
| 26 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £35,000 | £144,244 | £179,244 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 365.551 % | £127,942 | £162,942 |
| 3 Month Average | 338.910 % | £118,618 | £153,618 |
| 6 Month Average | 446.745 % | £156,360 | £191,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £177,267 | £175,000 | FLAT 6 1 OLD ROAD |
| 14 Jul 2023 | £233,138 | £230,000 | FLAT 3 1 OLD ROAD |
| 7 Jul 2023 | £233,138 | £230,000 | FLAT 8 1 OLD ROAD |
| 7 Jun 2023 | £391,745 | £387,000 | 17 ORDNANCE TERRACE |
| 30 Jan 2023 | £228,922 | £230,000 | FLAT 1 1 OLD ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Aug 2021. Using an estimated price of £179,244 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on MAIDSTONE ROAD is 162 sq meters (1,748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Chatham |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Chatham |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Chatham |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chatham |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gibraltar Hill |