£790,641
This estimated value is based upon the latest sale price for the house of £780,000 on 6 Jul 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £780,000 | 6 Jul 2023 |
| £512,500 | 9 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 July 2023 the House Price Index for KENT was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £780,000 results in an estimated price of approximately £790,641.
| 6 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £780,000 | £10,641 | £790,641 |
The Postcode Pricing Model uses changes in average sales price within the CT20 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 | -1.436 % | £-11,199 | £768,800 |
| 3 Month Average | -9.612 % | £-74,975 | £705,024 |
| 6 Month Average | 4.832 % | £37,692 | £817,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £744,519 | £735,000 | 1 HERDSON ROAD |
| 6 Jul 2023 | £790,641 | £780,000 | 5 HERDSON ROAD |
| 10 Mar 2023 | £701,610 | £695,000 | 38 WELSON ROAD |
| 27 Feb 2023 | £242,837 | £243,000 | 15 STATION ROAD |
| 24 Aug 2022 | £306,176 | £307,000 | 137 SHORNCLIFFE ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 19 Mar 2015. Using an estimated price of £790,641 means this house is valued at £4,139 per sq meter (£384 per sq foot).
The average size of a house on HERDSON ROAD is 210 sq meters (2,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Burglary | On or near Folkestone West (Station) | |
| Feb 2024 | Public order | On or near Folkestone West (Station) | |
| Jan 2024 | Criminal damage and arson | On or near Folkestone West (Station) | |
| Jan 2024 | Criminal damage and arson | On or near Folkestone West (Station) |