£353,187
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £285,000 | 20 Jul 2018 |
| £147,500 | 21 Nov 2003 |
| £105,000 | 25 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 July 2018 the House Price Index for KENT was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £285,000 results in an estimated price of approximately £353,187.
| 20 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £285,000 | £68,187 | £353,187 |
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 | 40.828 % | £116,360 | £401,360 |
| 3 Month Average | 30.060 % | £85,672 | £370,672 |
| 6 Month Average | 4.058 % | £11,565 | £296,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £559,795 | £550,000 | 13 WATERMILL CLOSE |
| 24 Nov 2023 | £329,884 | £325,000 | 21 THE WEAVERS |
| 30 Jun 2023 | £556,744 | £550,000 | 22 THE WEAVERS |
| 22 Mar 2023 | £312,948 | £310,000 | 41 THE WEAVERS |
| 24 Feb 2022 | £655,434 | £625,000 | 4 WESTMINSTER SQUARE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 Jan 2018. Using an estimated price of £353,188 means this house is valued at £5,886 per sq meter (£546 per sq foot).
The average size of a house on THE WEAVERS is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near The Russets |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Russets |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Denning Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Denning Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyle Court |