£261,767
This estimated value is based upon the latest sale price for the house of £196,000 on 23 Jun 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £196,000 | 23 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2016 the House Price Index for KENT was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £196,000 results in an estimated price of approximately £261,767.
| 23 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £196,000 | £65,767 | £261,767 |
The Postcode Pricing Model uses changes in average sales price within the ME10 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 | 45.915 % | £89,992 | £285,992 |
| 3 Month Average | 20.029 % | £39,257 | £235,257 |
| 6 Month Average | 39.699 % | £77,810 | £273,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £259,268 | £257,000 | 1 MERLIN CLOSE |
| 22 Jun 2023 | £384,659 | £380,000 | 23 MERLIN CLOSE |
| 14 Apr 2023 | £454,898 | £450,000 | 39 POND DRIVE |
| 29 Jul 2022 | £348,939 | £348,000 | 114 PEREGRINE DRIVE |
| 22 Apr 2022 | £293,493 | £285,000 | 23 PEREGRINE DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Mar 2016. Using an estimated price of £261,768 means this house is valued at £3,272 per sq meter (£303 per sq foot).
The average size of a house on MERLIN CLOSE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merlin Close | |
| Mar 2024 | Other theft | Under investigation | On or near Peregrine Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peregrine Drive |
| Jan 2024 | Drugs | Under investigation | On or near Peregrine Drive |
| Mar 2024 | Anti-social behaviour | On or near Osprey Court |