£296,711
This estimated value is based upon the latest sale price for the house of £117,000 on 11 Dec 2002. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £117,000 | 11 Dec 2002 |
| £49,000 | 18 Jun 1996 |
| £30,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
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 December 2002 the House Price Index for KENT was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £117,000 results in an estimated price of approximately £296,711.
| 11 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £117,000 | £179,711 | £296,711 |
The Postcode Pricing Model uses changes in average sales price within the ME14 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 | 89.458 % | £104,666 | £221,666 |
| 3 Month Average | 78.027 % | £91,291 | £208,291 |
| 6 Month Average | 108.991 % | £127,519 | £244,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £287,515 | £285,000 | 2 SCOTT STREET |
| 13 Jul 2023 | £263,547 | £260,000 | 16 RANDALL STREET |
| 30 Jun 2023 | £252,053 | £249,000 | 6 ALEXANDRA STREET |
| 23 Jun 2023 | £274,323 | £271,000 | 6 SCOTT STREET |
| 4 Apr 2023 | £293,156 | £290,000 | 21 SCOTT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Hope Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Hope Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hope Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hope Street |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Hope Street |