£285,156
This estimated value is based upon the latest sale price for the house of £148,000 on 2 Aug 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £148,000 | 2 Aug 2004 |
| £148,000 | 2 Aug 2004 |
| £58,000 | 28 Nov 1997 |
| Terraced |
| Freehold |
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 August 2004 the House Price Index for KENT was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £148,000 results in an estimated price of approximately £285,156.
| 2 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £148,000 | £137,156 | £285,156 |
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 | 119.895 % | £177,444 | £325,444 |
| 3 Month Average | 95.983 % | £142,054 | £290,054 |
| 6 Month Average | 67.202 % | £99,459 | £247,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £98,803 | £100,000 | FLAT 6 ROBIN HOUSE SPRINGVALE |
| 12 Aug 2022 | £124,664 | £125,000 | FLAT 11 SWIFT HOUSE SPRINGVALE |
| 8 Jul 2022 | £216,583 | £216,000 | 13 PEACOCK MEWS |
| 6 May 2022 | £300,665 | £295,000 | 22 PEACOCK MEWS |
| 29 Apr 2022 | £163,223 | £158,500 | 31 BIRKDALE COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spring Vale | |
| Mar 2024 | Anti-social behaviour | On or near Spring Vale | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Vale |
| Feb 2024 | Anti-social behaviour | On or near Spring Vale | |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Spring Vale |