£350,376
This estimated value is based upon the latest sale price for the house of £192,250 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £192,250 | 7 Oct 2005 |
| Semi-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 October 2005 the House Price Index for KENT was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £192,250 results in an estimated price of approximately £350,376.
| 7 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £192,250 | £158,126 | £350,376 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 99.368 % | £191,035 | £383,285 |
| 3 Month Average | 86.917 % | £167,098 | £359,348 |
| 6 Month Average | 72.948 % | £140,241 | £332,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £378,089 | £373,000 | 5 RIVERHEAD CLOSE |
| 9 Jun 2023 | £475,763 | £470,000 | 27 HAZLITT DRIVE |
| 28 Feb 2023 | £799,462 | £800,000 | FOXBURY GIDDYHORN LANE |
| 12 Sep 2022 | £371,996 | £375,000 | 1 RIVERHEAD CLOSE |
| 8 Jul 2022 | £501,350 | £500,000 | 22 HAZLITT DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Jun 2016. Using an estimated price of £350,376 means this house is valued at £4,934 per sq meter (£458 per sq foot).
The average size of a house on CHIPSTEAD CLOSE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Hazlitt Drive |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near London Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near London Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Mar 2024 | Public order | Awaiting court outcome | On or near London Road |