£263,533
This estimated value is based upon the latest sale price for the house of £142,500 on 19 May 2005. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£142,500 | 19 May 2005 |
£57,000 | 7 Apr 1998 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 722 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 May 2005 the House Price Index for KENT was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £142,500 results in an estimated price of approximately £263,533.
19 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.936 % | £142,500 | £121,033 | £263,533 |
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 | 104.045 % | £148,264 | £290,764 |
3 Month Average | 90.352 % | £128,752 | £271,252 |
6 Month Average | 61.519 % | £87,664 | £230,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £217,656 | £220,000 | 2 GATLAND LANE |
12 Aug 2022 | £282,240 | £283,000 | 15 BURGHCLERE DRIVE |
25 May 2022 | £219,129 | £215,000 | 3 SHERBOURNE DRIVE |
22 Apr 2022 | £210,079 | £204,000 | 30 FANT LANE |
2 Feb 2022 | £281,050 | £268,000 | 34 SHERBOURNE DRIVE |
This house has a floor area of 67 sq meters or 722 sq feet when measured on 9 Mar 2009. Using an estimated price of £263,534 means this house is valued at £3,928 per sq meter (£364 per sq foot).
The average size of a house on SHERBOURNE DRIVE is 54 sq meters (587 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Burghclere Drive |
Mar 2024 | Anti-social behaviour | On or near Ridgway | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgway |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgway |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgway |