£316,669
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2015 the House Price Index for KENT was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £220,000 results in an estimated price of approximately £316,669.
| 17 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £220,000 | £96,669 | £316,669 |
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 | 52.898 % | £116,376 | £336,376 |
| 3 Month Average | 28.766 % | £63,284 | £283,284 |
| 6 Month Average | 37.707 % | £82,955 | £302,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £379,857 | £375,000 | 35 FREEMAN WAY |
| 4 Jul 2023 | £334,502 | £330,000 | 303 WILLINGTON STREET |
| 30 Jun 2023 | £315,826 | £312,000 | 7 WOOLLEY ROAD |
| 13 Jun 2023 | £358,341 | £354,000 | 76 CHAPMAN AVENUE |
| 28 Feb 2023 | £399,731 | £400,000 | 71 CHAPMAN AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Jul 2012. Using an estimated price of £316,669 means this house is valued at £4,112 per sq meter (£382 per sq foot).
The average size of a house on FREEMAN WAY is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Freeman Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willington Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Willington Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willington Street |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Willington Street |