£591,356
This estimated value is based upon the latest sale price for the house of £395,000 on 29 Oct 2014. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Varne Place
More crime details
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| Price Paid | Date |
|---|---|
| £395,000 | 29 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 October 2014 the House Price Index for KENT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £395,000 results in an estimated price of approximately £591,356.
| 29 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £395,000 | £196,356 | £591,356 |
The Postcode Pricing Model uses changes in average sales price within the CT19 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 | 52.584 % | £207,705 | £602,705 |
| 3 Month Average | 54.633 % | £215,802 | £610,802 |
| 6 Month Average | 54.925 % | £216,955 | £611,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £482,138 | £475,000 | 7 VARNE ROAD |
| 15 Jun 2023 | £182,207 | £180,000 | 17 WEAR BAY CRESCENT |
| 5 Apr 2023 | £803,653 | £795,000 | 27 WEAR BAY ROAD |
| 17 Mar 2023 | £151,427 | £150,000 | 23 WEAR BAY CRESCENT |
| 17 Mar 2023 | £151,427 | £150,000 | 25 WEAR BAY CRESCENT |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 15 Apr 2014. Using an estimated price of £591,357 means this house is valued at £5,097 per sq meter (£473 per sq foot).
The average size of a house on WEAR BAY ROAD is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Varne Place |
| Mar 2024 | Other theft | Under investigation | On or near Varne Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hasborough Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wear Bay Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wear Bay Crescent |