£451,620
This estimated value is based upon the latest sale price for the house of £375,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 17 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2020 the House Price Index for KENT was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £375,000 results in an estimated price of approximately £451,620.
| 17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £375,000 | £76,620 | £451,620 |
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 | 67.841 % | £254,405 | £629,405 |
| 3 Month Average | 17.909 % | £67,160 | £442,160 |
| 6 Month Average | 19.896 % | £74,609 | £449,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £314,031 | £310,000 | 3 NEWLANDS AVENUE |
| 17 Nov 2023 | £57,741 | £57,000 | FLAT 3 208 - 209 LONDON ROAD |
| 3 Jul 2023 | £292,769 | £290,000 | 28 SANDFORD ROAD |
| 24 Mar 2023 | £428,315 | £426,000 | 245 LONDON ROAD |
| 27 Jan 2023 | £325,144 | £328,000 | 63 CHATSWORTH DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 23 Oct 2019. Using an estimated price of £451,620 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on LONDON ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newlands Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Newlands Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westlands Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westlands Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westlands Avenue |