£277,259
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 9 Nov 2018 |
| £175,000 | 11 Apr 2014 |
| £30,000 | 26 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 November 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £225,000 results in an estimated price of approximately £277,259.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £225,000 | £52,259 | £277,259 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 27.778 % | £62,500 | £287,500 |
| 3 Month Average | 29.821 % | £67,096 | £292,096 |
| 6 Month Average | 31.966 % | £71,923 | £296,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £212,720 | £210,000 | 6 LAYFIELD ROAD |
| 8 Sep 2023 | £232,979 | £230,000 | 65 KING EDWARD ROAD |
| 31 Mar 2023 | £242,283 | £240,000 | 48 LAYFIELD ROAD |
| 25 Jan 2023 | £238,875 | £240,000 | 53 LAYFIELD ROAD |
| 9 Sep 2022 | £247,997 | £250,000 | 75 KING EDWARD ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Dec 2013. Using an estimated price of £277,260 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on LAYFIELD ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Layfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Layfield Road |
| Feb 2024 | Anti-social behaviour | On or near Layfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Layfield Road | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Layfield Road |