£266,586
This estimated value is based upon the latest sale price for the house of £145,000 on 1 Jul 2005. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £145,000 | 1 Jul 2005 |
| £37,015 | 18 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 July 2005 the House Price Index for KENT was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £145,000 results in an estimated price of approximately £266,586.
| 1 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £145,000 | £121,586 | £266,586 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 121.496 % | £176,169 | £321,169 |
| 3 Month Average | 78.412 % | £113,697 | £258,697 |
| 6 Month Average | 85.100 % | £123,394 | £268,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £222,849 | £220,000 | 3 BRUNSWICK STREET EAST |
| 25 Aug 2023 | £221,942 | £220,000 | 54 MELVILLE ROAD |
| 21 Jul 2023 | £269,629 | £266,000 | 71 MELVILLE ROAD |
| 29 Jun 2023 | £283,433 | £280,000 | 49 MELVILLE ROAD |
| 8 Jul 2022 | £241,650 | £241,000 | 23 MELVILLE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Mar 2015. Using an estimated price of £266,586 means this house is valued at £2,401 per sq meter (£223 per sq foot).
The average size of a house on MELVILLE ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brunswick Street East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brunswick Street East |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brunswick Street East |