£274,815
This estimated value is based upon the latest sale price for the house of £275,000 on 13 Feb 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 13 Feb 2023 |
| £148,000 | 8 Dec 2005 |
| £94,950 | 22 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2023 the House Price Index for KENT was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £275,000 results in an estimated price of approximately £274,815.
| 13 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £275,000 | £-184 | £274,815 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 1.888 % | £5,193 | £280,193 |
| 3 Month Average | -3.798 % | £-10,445 | £264,554 |
| 6 Month Average | -0.985 % | £-2,708 | £272,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £183,720 | £181,000 | 9 OLD POND ROAD |
| 30 Jun 2023 | £280,903 | £277,500 | 2 OLD POND ROAD |
| 21 Jun 2023 | £202,452 | £200,000 | 4 FORD WAY |
| 19 Apr 2023 | £93,001 | £92,000 | 26 CRESSFIELD |
| 15 Mar 2023 | £222,092 | £220,000 | 71 BAILEYS FIELD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Oct 2010. Using an estimated price of £274,815 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on CRESSFIELD is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cressfield |
| Mar 2024 | Anti-social behaviour | On or near Cressfield | |
| Mar 2024 | Anti-social behaviour | On or near Cressfield | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cressfield |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cressfield |