£319,398
This estimated value is based upon the latest sale price for the house of £199,000 on 10 Dec 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £199,000 | 10 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 December 2013 the House Price Index for KENT was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £199,000 results in an estimated price of approximately £319,398.
| 10 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £199,000 | £120,398 | £319,398 |
The Postcode Pricing Model uses changes in average sales price within the ME10 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 | 85.129 % | £169,407 | £368,407 |
| 3 Month Average | 57.253 % | £113,932 | £312,932 |
| 6 Month Average | 78.671 % | £156,554 | £355,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £253,411 | £250,000 | 55 WILLIAM STREET |
| 6 Jul 2023 | £342,611 | £338,000 | 25 PARK ROAD |
| 20 Jun 2023 | £415,027 | £410,000 | 12 ALBANY ROAD |
| 24 Mar 2023 | £176,664 | £175,000 | FLAT 2 VALENCIENNES VILLAS, 8 - 10 ALBANY ROAD |
| 22 Aug 2022 | £172,536 | £173,000 | FLAT 3 VALENCIENNES VILLAS, 8 - 10 ALBANY ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 8 Jul 2013. Using an estimated price of £319,398 means this house is valued at £2,249 per sq meter (£208 per sq foot).
The average size of a house on PARK ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |