£388,598
This estimated value is based upon the latest sale price for the house of £375,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 23 Mar 2022 |
| £244,000 | 17 Apr 2014 |
| £195,000 | 16 Jan 2009 |
| £125,000 | 25 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 2022 the House Price Index for KENT was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £375,000 results in an estimated price of approximately £388,598.
| 23 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £375,000 | £13,598 | £388,598 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -30.110 % | £-112,912 | £262,087 |
| 3 Month Average | -22.930 % | £-85,987 | £289,012 |
| 6 Month Average | 2.528 % | £9,479 | £384,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £334,274 | £330,000 | 15 MICAWBER CLOSE |
| 24 Jul 2023 | £212,865 | £210,000 | 1 SPENLOW DRIVE |
| 13 Sep 2022 | £277,757 | £280,000 | 19 ALEXANDRA GLEN |
| 19 Aug 2022 | £264,289 | £265,000 | 28 ALEXANDRA GLEN |
| 3 Aug 2022 | £339,087 | £340,000 | 32 SPENLOW DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Jul 2021. Using an estimated price of £388,598 means this house is valued at £5,181 per sq meter (£481 per sq foot).
The average size of a house on CINNABAR CLOSE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galena Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Galena Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldstone Walk |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bracken Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bracken Hill |