£349,060
This estimated value is based upon the latest sale price for the house of £350,000 on 25 Aug 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £350,000 | 25 Aug 2022 |
| £275,000 | 6 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 875 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 August 2022 the House Price Index for KENT was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £350,000 results in an estimated price of approximately £349,060.
| 25 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £350,000 | £-939 | £349,060 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 18.643 % | £65,249 | £415,249 |
| 3 Month Average | -10.282 % | £-35,988 | £314,011 |
| 6 Month Average | 0.692 % | £2,422 | £352,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £490,947 | £485,000 | 13 THE MALL |
| 23 Jan 2023 | £472,773 | £475,000 | 11 ATHELSTAN ROAD |
| 25 Aug 2022 | £349,060 | £350,000 | 27 FORBES ROAD |
| 8 Jul 2022 | £476,282 | £475,000 | 49 ATHELSTAN ROAD |
| 27 May 2022 | £458,642 | £450,000 | 8 ATHELSTAN ROAD |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 11 Nov 2008. Using an estimated price of £349,060 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on FORBES ROAD is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Mall |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont Road |
| Mar 2024 | Anti-social behaviour | On or near The Close |