£446,015
This estimated value is based upon the latest sale price for the house of £325,000 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £325,000 | 7 Jan 2016 |
| £294,000 | 18 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 2016 the House Price Index for KENT was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £325,000 results in an estimated price of approximately £446,015.
| 7 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £325,000 | £121,015 | £446,015 |
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 | 16.949 % | £55,083 | £380,083 |
| 3 Month Average | 18.863 % | £61,306 | £386,306 |
| 6 Month Average | 33.842 % | £109,985 | £434,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £340,000 | £340,000 | 22 MARTINDOWN ROAD |
| 16 Nov 2023 | £420,729 | £414,500 | 26 SHERWOOD DRIVE |
| 4 Aug 2022 | £453,779 | £455,000 | 38 VALKYRIE AVENUE |
| 21 Jun 2022 | £436,164 | £430,000 | 36 VALKYRIE AVENUE |
| 15 Jun 2022 | £390,519 | £385,000 | 3 HAWK CLOSE |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 26 May 2015. Using an estimated price of £446,015 means this house is valued at £2,639 per sq meter (£245 per sq foot).
The average size of a house on MARTINDOWN ROAD is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Sherwood Drive |
| Mar 2024 | Other crime | Under investigation | On or near Sherwood Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sherwood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheppey View |