£524,347
This estimated value is based upon the latest sale price for the house of £500,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for KENT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £500,000 | 25 Feb 2022 |
| £265,000 | 5 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £500,000 results in an estimated price of approximately £524,347.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £500,000 | £24,347 | £524,347 |
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 % | £258,065 | £758,065 |
| 3 Month Average | 10.192 % | £50,959 | £550,959 |
| 6 Month Average | 1.071 % | £5,354 | £505,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £535,934 | £528,000 | 67 GRACE AVENUE |
| 6 Mar 2023 | £302,853 | £300,000 | 35 NEWBURY AVENUE |
| 9 Jun 2022 | £608,601 | £600,000 | 18 GRACE AVENUE |
| 29 Apr 2022 | £586,985 | £570,000 | 39 GRACE AVENUE |
| 28 Feb 2022 | £435,208 | £415,000 | 99 TINTERN ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Aug 2014. Using an estimated price of £524,347 means this house is valued at £5,699 per sq meter (£529 per sq foot).
The average size of a house on GRACE AVENUE is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Palmar Road |
| Feb 2024 | Anti-social behaviour | On or near Palmar Road | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Palmar Road |
| Feb 2024 | Anti-social behaviour | On or near Palmar Road | |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Palmar Road |