£608,122
This estimated value is based upon the latest sale price for the house of £490,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £490,000 | 6 Dec 2017 |
| £245,000 | 23 Aug 2005 |
| £178,000 | 10 Jul 2003 |
| £60,000 | 24 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,480 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 December 2017 the House Price Index for KENT was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £490,000 results in an estimated price of approximately £608,122.
| 6 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £490,000 | £118,122 | £608,122 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 21.174 % | £103,751 | £593,751 |
| 3 Month Average | 4.823 % | £23,634 | £513,634 |
| 6 Month Average | 16.005 % | £78,422 | £568,422 |
This house has a floor area of 137 sq meters or 1,480 sq feet when measured on 19 Feb 2009.
The average size of a house on GRASMERE ROAD is 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lismore Road | |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Lismore Road |
| Feb 2024 | Anti-social behaviour | On or near Lismore Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Fold |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Cherry Orchard |