£616,049
This estimated value is based upon the latest sale price for the house of £600,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £600,000 | 16 May 2022 |
| £300,000 | 8 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2022 the House Price Index for KENT was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £600,000 results in an estimated price of approximately £616,049.
| 16 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £600,000 | £16,049 | £616,049 |
The Postcode Pricing Model uses changes in average sales price within the CT2 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 | -6.540 % | £-39,241 | £560,758 |
| 3 Month Average | 11.664 % | £69,984 | £669,984 |
| 6 Month Average | -7.549 % | £-45,294 | £554,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £441,000 | £441,000 | 24 CHERRY AVENUE |
| 19 Aug 2022 | £442,067 | £440,000 | 46 CHERRY DRIVE |
| 16 May 2022 | £616,049 | £600,000 | 24 RICHMOND GARDENS |
| 13 Aug 2021 | £320,304 | £285,000 | 29 ST THOMAS HILL |
| 16 Dec 2020 | £502,951 | £435,000 | 93 CHERRY DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Mar 2019. Using an estimated price of £616,049 means this house is valued at £6,844 per sq meter (£635 per sq foot).
The average size of a house on RICHMOND GARDENS is 124 sq meters (1,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Cherry Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Garden Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Drive |