£265,860
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£260,000 | 29 Sep 2023 |
£224,995 | 29 Mar 2018 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 September 2023 the House Price Index for KENT was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £260,000 results in an estimated price of approximately £265,860.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £260,000 | £5,860 | £265,860 |
The Postcode Pricing Model uses changes in average sales price within the ME11 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 | 22.014 % | £57,236 | £317,236 |
3 Month Average | -26.571 % | £-69,085 | £190,914 |
6 Month Average | -13.509 % | £-35,124 | £224,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £169,297 | £165,000 | 3 FIRST AVENUE |
10 Oct 2023 | £214,880 | £210,000 | 24 SECOND AVENUE |
29 Sep 2023 | £265,861 | £260,000 | 7 HARDY CLOSE |
24 Jun 2022 | £87,878 | £86,000 | 16 HARDY CLOSE |
27 May 2022 | £321,372 | £313,000 | 2 FLANAGAN AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Mar 2018. Using an estimated price of £265,861 means this house is valued at £3,798 per sq meter (£352 per sq foot).
The average size of a house on HARDY CLOSE is 75 sq meters (812 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardy Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flanagan Avenue |
Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Flanagan Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flanagan Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flanagan Avenue |