£457,392
This estimated value is based upon the latest sale price for the house of £375,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£375,000 | 17 Jan 2020 |
£182,995 | 31 Jul 2003 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 January 2020 the House Price Index for KENT was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £375,000 results in an estimated price of approximately £457,392.
17 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £375,000 | £82,392 | £457,392 |
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 | 20.488 % | £76,829 | £451,829 |
3 Month Average | 6.577 % | £24,664 | £399,664 |
6 Month Average | 22.846 % | £85,672 | £460,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £375,560 | £370,000 | 3 SAPPHIRE CLOSE |
9 Nov 2023 | £492,288 | £485,000 | 33 LORIMAR COURT |
15 Sep 2023 | £476,087 | £470,000 | 10 LORIMAR COURT |
7 Jul 2023 | £472,864 | £466,500 | 7 LORIMAR COURT |
28 Apr 2023 | £283,048 | £280,000 | 25 LORIMAR COURT |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 27 Apr 2019. Using an estimated price of £457,393 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on LORIMAR COURT is 118 sq meters (1,272 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sapphire Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Jade Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jade Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sonora Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balas Drive |