£228,799
This estimated value is based upon the latest sale price for the house of £182,000 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£182,000 | 19 Dec 2017 |
£144,500 | 2 Apr 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2017 the House Price Index for KENT was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £182,000 results in an estimated price of approximately £228,799.
19 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £182,000 | £46,799 | £228,799 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 21.174 % | £38,536 | £220,536 |
3 Month Average | 4.823 % | £8,778 | £190,778 |
6 Month Average | 16.005 % | £29,128 | £211,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £183,469 | £181,000 | 183 OLYMPIA WAY |
14 Jul 2023 | £195,633 | £193,000 | 20 OLYMPIA WAY |
23 Nov 2022 | £158,085 | £160,000 | 53 BELON DRIVE |
14 Apr 2022 | £236,854 | £230,000 | 217 OLYMPIA WAY |
24 Jan 2022 | £221,006 | £210,000 | 205 OLYMPIA WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Dec 2013. Using an estimated price of £228,800 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on BELON DRIVE is 58 sq meters (632 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belon Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Belon Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pacific Close |
Feb 2024 | Possession of weapons | Local resolution | On or near Pacific Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pacific Close |