£258,298
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £195,000 | 28 Oct 2016 |
| £135,000 | 7 Jun 2005 |
| £39,000 | 21 Jun 1996 |
| 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 October 2016 the House Price Index for KENT was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £195,000 results in an estimated price of approximately £258,298.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £195,000 | £63,298 | £258,298 |
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 | 129.520 % | £252,564 | £447,564 |
| 3 Month Average | 35.160 % | £68,561 | £263,561 |
| 6 Month Average | 29.293 % | £57,121 | £252,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £242,238 | £238,000 | 47 SALISBURY CLOSE |
| 24 Jul 2023 | £253,411 | £250,000 | 18 PALMERSTON WALK |
| 27 Jan 2023 | £283,664 | £285,000 | 57 LANSDOWN ROAD |
| 29 Apr 2022 | £259,509 | £252,000 | 28 SALISBURY CLOSE |
| 12 Jan 2022 | £294,674 | £280,000 | 49 PEEL DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Sep 2016. Using an estimated price of £258,298 means this house is valued at £3,638 per sq meter (£337 per sq foot).
The average size of a house on GLADSTONE DRIVE is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Drive |