£166,997
This estimated value is based upon the latest sale price for the house of £115,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £115,000 | 12 Jun 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2015 the House Price Index for KENT was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £115,000 results in an estimated price of approximately £166,997.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £115,000 | £51,997 | £166,997 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | 66.042 % | £75,948 | £190,948 |
| 3 Month Average | 40.670 % | £46,769 | £161,769 |
| 6 Month Average | 60.554 % | £69,637 | £184,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £167,251 | £165,000 | FLAT 1 4 WILLSONS ROAD |
| 18 Apr 2023 | £277,993 | £275,000 | 19 VALE ROAD |
| 3 Feb 2023 | £299,798 | £300,000 | 50 VALE ROAD |
| 28 Oct 2022 | £187,976 | £190,000 | 3 AYTON ROAD |
| 9 Sep 2022 | £386,876 | £390,000 | 18 WILLSONS ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 21 Jun 2016. Using an estimated price of £166,997 means this house is valued at £3,976 per sq meter (£369 per sq foot).
The average size of a house on VALE ROAD is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Vale Road |
| Dec 2023 | Anti-social behaviour | On or near Vale Road | |
| Dec 2023 | Anti-social behaviour | On or near Vale Road | |
| Dec 2023 | Anti-social behaviour | On or near Vale Road | |
| Dec 2023 | Anti-social behaviour | On or near Vale Road |