£285,845
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Aug 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 Aug 2015 |
| £180,000 | 3 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2015 the House Price Index for KENT was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £200,000 results in an estimated price of approximately £285,845.
| 24 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £200,000 | £85,845 | £285,845 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | -11.725 % | £-23,450 | £176,549 |
| 3 Month Average | 17.816 % | £35,631 | £235,631 |
| 6 Month Average | -4.595 % | £-9,190 | £190,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £277,427 | £275,000 | 37 REED AVENUE |
| 9 Aug 2023 | £247,162 | £245,000 | 25 REED AVENUE |
| 21 Jul 2023 | £180,428 | £178,000 | 125 TENNYSON AVENUE |
| 27 Jan 2023 | £268,734 | £270,000 | 102 TENNYSON AVENUE |
| 11 Aug 2022 | £319,141 | £320,000 | 39 REED AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Apr 2015. Using an estimated price of £285,846 means this house is valued at £3,573 per sq meter (£331 per sq foot).
The average size of a house on REED AVENUE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Elliot Close | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reed Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reed Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Reed Avenue |