£303,553
This estimated value is based upon the latest sale price for the house of £245,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 31 Jan 2018 |
| £146,000 | 8 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for KENT was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £245,000 results in an estimated price of approximately £303,553.
| 31 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £245,000 | £58,553 | £303,553 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 48.694 % | £119,301 | £364,301 |
| 3 Month Average | 26.984 % | £66,111 | £311,111 |
| 6 Month Average | 18.028 % | £44,168 | £289,168 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Aug 2017.
The average size of a house on HEREFORD ROAD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cambridge Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Crescent | |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Cambridge Crescent |