£374,411
This estimated value is based upon the latest sale price for the house of £305,000 on 24 Apr 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £305,000 | 24 Apr 2020 |
| £164,000 | 24 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2020 the House Price Index for KENT was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £305,000 results in an estimated price of approximately £374,411.
| 24 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £305,000 | £69,411 | £374,411 |
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 | -12.874 % | £-39,265 | £265,734 |
| 3 Month Average | -2.339 % | £-7,132 | £297,867 |
| 6 Month Average | 21.220 % | £64,721 | £369,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £622,541 | £615,000 | 56 KIT HILL AVENUE |
| 3 Mar 2023 | £124,170 | £123,000 | 51 MARSTON CLOSE |
| 23 Jun 2022 | £344,874 | £340,000 | 4 HILL CHASE |
| 8 Apr 2022 | £280,105 | £272,000 | 19 MARSTON CLOSE |
| 21 Dec 2021 | £439,265 | £410,000 | 20 HILL CHASE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 6 Feb 2019. Using an estimated price of £374,412 means this house is valued at £6,685 per sq meter (£621 per sq foot).
The average size of a house on FARM ROAD is 87 sq meters (945 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kit Hill Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Kit Hill Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marston Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marston Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Marston Close |