£414,114
This estimated value is based upon the latest sale price for the house of £400,000 on 8 Feb 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £400,000 | 8 Feb 2022 |
| £341,000 | 16 Dec 2016 |
| £265,000 | 31 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 February 2022 the House Price Index for KENT was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £400,000 results in an estimated price of approximately £414,114.
| 8 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £400,000 | £14,114 | £414,114 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 51.613 % | £206,452 | £606,452 |
| 3 Month Average | 10.192 % | £40,767 | £440,767 |
| 6 Month Average | 1.071 % | £4,283 | £404,283 |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 31 Aug 2016.
The average size of a house on MARIGOLD WAY is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near B2246 |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near B2246 |
| Mar 2024 | Anti-social behaviour | On or near Hermitage Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Robinson Avenue |
| Feb 2024 | Anti-social behaviour | On or near Robinson Avenue |