£583,900
This estimated value is based upon the latest sale price for the house of £545,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £545,000 | 9 Dec 2021 |
| £350,000 | 2 Jun 2011 |
| £300,000 | 17 Sep 2004 |
| £255,000 | 1 Aug 2002 |
| £133,000 | 14 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 December 2021 the House Price Index for KENT was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £545,000 results in an estimated price of approximately £583,900.
| 9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £545,000 | £38,900 | £583,900 |
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 | 19.166 % | £104,452 | £649,452 |
| 3 Month Average | 17.675 % | £96,328 | £641,328 |
| 6 Month Average | -1.882 % | £-10,254 | £534,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £324,681 | £319,000 | 32 KINGSGATE CLOSE |
| 26 Apr 2023 | £277,993 | £275,000 | 31 SISSINGHURST DRIVE |
| 10 Feb 2023 | £559,623 | £560,000 | 13 MELFORD DRIVE |
| 1 Feb 2022 | £582,025 | £555,000 | 22 GAINSBOROUGH DRIVE |
| 9 Dec 2021 | £583,901 | £545,000 | 7 MELFORD DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 25 Nov 2010. Using an estimated price of £583,901 means this house is valued at £5,557 per sq meter (£516 per sq foot).
The average size of a house on MELFORD DRIVE is 140 sq meters (1,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malling Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haydon Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haydon Close |
| Jan 2024 | Anti-social behaviour | On or near Haydon Close | |
| Jan 2024 | Anti-social behaviour | On or near Haydon Close |