£429,719
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Jan 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 17 Jan 2012 |
| £249,995 | 20 Jun 2008 |
| £222,950 | 18 Jan 2007 |
| £200,000 | 26 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,017 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 January 2012 the House Price Index for KENT was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £250,000 results in an estimated price of approximately £429,719.
| 17 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £250,000 | £179,719 | £429,719 |
The Postcode Pricing Model uses changes in average sales price within the CT14 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 | 81.180 % | £202,950 | £452,950 |
| 3 Month Average | 75.955 % | £189,887 | £439,887 |
| 6 Month Average | 83.790 % | £209,474 | £459,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £723,207 | £712,500 | GILSLAND HOUSE, 1 MILL ROAD |
| 25 Aug 2023 | £807,060 | £800,000 | 15 BLENHEIM ROAD |
| 24 Apr 2023 | £518,078 | £512,500 | 4 MILL ROAD |
| 31 Mar 2023 | £171,617 | £170,000 | FLAT 14 WELLINGTON COURT BEECHWOOD AVENUE |
| 15 Feb 2023 | £324,781 | £325,000 | 63 QUEEN STREET |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 9 Feb 2011. Using an estimated price of £429,720 means this house is valued at £4,547 per sq meter (£422 per sq foot).
The average size of a house on MILL ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechwood Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |