£277,993
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Apr 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 18 Apr 2023 |
| £114,000 | 9 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,075 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 2023 the House Price Index for KENT was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £275,000 results in an estimated price of approximately £277,993.
| 18 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £275,000 | £2,993 | £277,993 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | -26.819 % | £-73,752 | £201,247 |
| 3 Month Average | -9.406 % | £-25,866 | £249,133 |
| 6 Month Average | -3.439 % | £-9,457 | £265,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £167,251 | £165,000 | FLAT 1 4 WILLSONS ROAD |
| 18 Apr 2023 | £277,993 | £275,000 | 19 VALE ROAD |
| 28 Oct 2022 | £187,976 | £190,000 | 3 AYTON ROAD |
| 9 Sep 2022 | £386,876 | £390,000 | 18 WILLSONS ROAD |
| 30 Jun 2022 | £233,297 | £230,000 | 3 WILLSONS MEWS |
This house has a floor area of 99 sq meters or 1,075 sq feet when measured on 31 Dec 2010. Using an estimated price of £277,993 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on VALE ROAD is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Vale Road |
| Dec 2023 | Anti-social behaviour | On or near Vale Road | |
| Dec 2023 | Anti-social behaviour | On or near Vale Road | |
| Dec 2023 | Anti-social behaviour | On or near Vale Road | |
| Dec 2023 | Anti-social behaviour | On or near Vale Road |