£186,058
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Dec 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £110,000 | 12 Dec 2012 |
| £58,500 | 16 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 2012 the House Price Index for KENT was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £110,000 results in an estimated price of approximately £186,058.
| 12 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £110,000 | £76,058 | £186,058 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 22.752 % | £25,027 | £135,027 |
| 3 Month Average | 40.809 % | £44,889 | £154,889 |
| 6 Month Average | 85.676 % | £94,243 | £204,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £252,206 | £250,000 | 17 PYRUS CLOSE |
| 21 Jul 2023 | £304,093 | £300,000 | 9 FAGUS CLOSE |
| 7 Oct 2022 | £361,112 | £365,000 | 7 SILVER TREE CLOSE |
| 6 Jun 2022 | £583,242 | £575,000 | 1 GEAN CLOSE |
| 14 Feb 2022 | £438,354 | £418,000 | 3 GEAN CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 26 Apr 2012. Using an estimated price of £186,058 means this house is valued at £4,538 per sq meter (£421 per sq foot).
The average size of a house on SILVER TREE CLOSE is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Tree Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Silver Tree Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Carpinus Close |
| Dec 2023 | Anti-social behaviour | On or near Brockbank Close | |
| Dec 2023 | Anti-social behaviour | On or near Brockbank Close |