£349,192
This estimated value is based upon the latest sale price for the house of £232,000 on 24 Sep 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £232,000 | 24 Sep 2014 |
| £219,995 | 8 Dec 2006 |
| £169,000 | 25 Feb 2003 |
| £134,000 | 11 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2014 the House Price Index for KENT was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £232,000 results in an estimated price of approximately £349,192.
| 24 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £232,000 | £117,192 | £349,192 |
The Postcode Pricing Model uses changes in average sales price within the ME10 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 | 94.529 % | £219,306 | £451,306 |
| 3 Month Average | 63.237 % | £146,709 | £378,709 |
| 6 Month Average | 79.185 % | £183,708 | £415,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £339,771 | £340,000 | 36 GALENA CLOSE |
| 26 May 2022 | £366,914 | £360,000 | 21 GALENA CLOSE |
| 18 Mar 2022 | £305,697 | £295,000 | 56 GALENA CLOSE |
| 11 Mar 2022 | £347,148 | £335,000 | 22 GALENA CLOSE |
| 3 Feb 2022 | £403,747 | £385,000 | 32 GALENA CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Jun 2014. Using an estimated price of £349,192 means this house is valued at £3,795 per sq meter (£352 per sq foot).
The average size of a house on GALENA CLOSE is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Galena Close |
| Jan 2024 | Burglary | Under investigation | On or near Cinnabar Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spinel Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spinel Close |
| Mar 2024 | Other crime | Under investigation | On or near Spinel Close |