£478,755
This estimated value is based upon the latest sale price for the house of £390,000 on 24 Apr 2020. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Porchester Close
More crime details
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| Price Paid | Date |
|---|---|
| £390,000 | 24 Apr 2020 |
| £277,500 | 17 Feb 2014 |
| £158,000 | 23 Jul 2001 |
| Detached |
| 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 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 £390,000 results in an estimated price of approximately £478,755.
| 24 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £390,000 | £88,755 | £478,755 |
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 | 36.122 % | £140,877 | £530,877 |
| 3 Month Average | -7.213 % | £-28,129 | £361,870 |
| 6 Month Average | 6.283 % | £24,503 | £414,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £291,422 | £287,500 | 559 LOOSE ROAD |
| 8 Oct 2021 | £418,038 | £377,810 | 8 IONA ROAD |
| 24 Sep 2021 | £202,587 | £188,000 | 505 LOOSE ROAD |
| 23 Sep 2021 | £689,659 | £640,000 | 494 LOOSE ROAD |
| 27 Jul 2021 | £275,824 | £240,000 | 529 LOOSE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 Oct 2013. Using an estimated price of £478,756 means this house is valued at £6,743 per sq meter (£626 per sq foot).
The average size of a house on PORCHESTER CLOSE is 104 sq meters (1,122 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porchester Close |
| Mar 2024 | Burglary | Under investigation | On or near Porchester Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Porchester Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rushmead Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Rushmead Drive |