£371,564
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Jun 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 6 Jun 2017 |
| £79,228 | 5 Aug 2005 |
| £47,500 | 28 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 June 2017 the House Price Index for KENT was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £290,000 results in an estimated price of approximately £371,564.
| 6 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £290,000 | £81,564 | £371,564 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 39.360 % | £114,142 | £404,142 |
| 3 Month Average | 19.126 % | £55,464 | £345,464 |
| 6 Month Average | 34.393 % | £99,740 | £389,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £137,029 | £135,000 | FLAT 29 NORTHUMBERLAND COURT NORTHUMBERLAND AVENUE |
| 3 Aug 2023 | £202,774 | £201,000 | 8 LEICESTER COURT LEICESTER AVENUE |
| 6 Jul 2023 | £321,832 | £317,500 | FLAT 1 ROBINA COURT PALM BAY AVENUE |
| 29 Apr 2022 | £139,023 | £135,000 | FLAT T GOODWIN COURT LEICESTER AVENUE |
| 4 Mar 2022 | £353,625 | £341,250 | 1 OCEAN VIEW, 20 PALM BAY AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Nov 2015. Using an estimated price of £371,564 means this house is valued at £4,644 per sq meter (£431 per sq foot).
The average size of a house on PALM BAY AVENUE is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palm Bay Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Palm Bay Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sackett'S Gap |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leicester Avenue |