£535,934
This estimated value is based upon the latest sale price for the house of £528,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £528,000 | 23 Nov 2023 |
| £480,000 | 18 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 November 2023 the House Price Index for KENT was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £528,000 results in an estimated price of approximately £535,934.
| 23 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £528,000 | £7,934 | £535,934 |
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 | 29.969 % | £158,234 | £686,234 |
| 3 Month Average | 16.404 % | £86,611 | £614,611 |
| 6 Month Average | -5.930 % | £-31,311 | £496,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £375,000 | £375,000 | 146 NEWBURY AVENUE |
| 1 Dec 2023 | £351,144 | £345,000 | 138 NEWBURY AVENUE |
| 23 Nov 2023 | £535,934 | £528,000 | 67 GRACE AVENUE |
| 21 Aug 2023 | £499,369 | £495,000 | 15 HYDE ROAD |
| 9 Jun 2022 | £608,601 | £600,000 | 18 GRACE AVENUE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 4 Apr 2017. Using an estimated price of £535,934 means this house is valued at £3,525 per sq meter (£327 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 | Investigation complete; no suspect identified | On or near Hyde Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hyde Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lockswood |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Palmar Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Palmar Road |