£354,706
This estimated value is based upon the latest sale price for the house of £240,000 on 26 Feb 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 26 Feb 2015 |
| £73,000 | 19 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2015 the House Price Index for KENT was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £240,000 results in an estimated price of approximately £354,706.
| 26 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £240,000 | £114,706 | £354,706 |
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 | 50.304 % | £120,730 | £360,730 |
| 3 Month Average | 58.043 % | £139,303 | £379,303 |
| 6 Month Average | 55.784 % | £133,882 | £373,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £343,510 | £337,500 | 61 PHILLIP ROAD |
| 31 Mar 2023 | £421,471 | £417,500 | 6 ILEX ROAD |
| 31 Mar 2023 | £282,663 | £280,000 | 6 SURRENDEN ROAD |
| 10 Mar 2023 | £323,043 | £320,000 | 57 PHILLIP ROAD |
| 16 Aug 2022 | £361,028 | £362,000 | 3 ILEX ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Apr 2014. Using an estimated price of £354,706 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on WELLS ROAD is 118 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Bowen Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Postling Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Postling Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ilex Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ilex Road |