£411,923
This estimated value is based upon the latest sale price for the house of £330,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £330,000 | 6 Apr 2018 |
| £222,500 | 30 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 April 2018 the House Price Index for KENT was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £330,000 results in an estimated price of approximately £411,923.
| 6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £330,000 | £81,923 | £411,923 |
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 | 98.252 % | £324,230 | £654,230 |
| 3 Month Average | 20.391 % | £67,289 | £397,289 |
| 6 Month Average | 18.169 % | £59,956 | £389,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £456,762 | £450,000 | 61 PARK ROAD |
| 29 Sep 2023 | £197,526 | £195,000 | 111 WILLIAM STREET |
| 19 Jul 2023 | £177,387 | £175,000 | 83 WILLIAM STREET |
| 7 Jul 2023 | £253,411 | £250,000 | 55 WILLIAM STREET |
| 6 Jul 2023 | £342,611 | £338,000 | 25 PARK ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 20 Oct 2017. Using an estimated price of £411,923 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on PARK ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near William Street |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near William Street |
| Dec 2023 | Drugs | Under investigation | On or near William Street |
| Dec 2023 | Public order | Under investigation | On or near William Street |
| Mar 2024 | Other theft | Under investigation | On or near Addington Road |