£308,394
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Dec 2018 |
| Terraced |
| 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 December 2018 the House Price Index for KENT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £250,000 results in an estimated price of approximately £308,394.
| 5 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £250,000 | £58,394 | £308,394 |
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 | 50.651 % | £126,628 | £376,628 |
| 3 Month Average | 19.240 % | £48,100 | £298,100 |
| 6 Month Average | 25.451 % | £63,626 | £313,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £253,411 | £250,000 | 18 PALMERSTON WALK |
| 27 Jan 2023 | £283,664 | £285,000 | 57 LANSDOWN ROAD |
| 17 Dec 2021 | £259,809 | £242,500 | 12 GLADSTONE DRIVE |
| 10 Dec 2021 | £241,060 | £225,000 | 34 LANSDOWN ROAD |
| 2 Dec 2021 | £251,774 | £235,000 | 13 GLADSTONE DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Aug 2018. Using an estimated price of £308,395 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on LANSDOWN ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Drive |