£63,884
This estimated value is based upon the latest sale price for the house of £54,500 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £54,500 | 4 Sep 2020 |
| £52,500 | 10 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 21 sq meters or 226 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 September 2020 the House Price Index for KENT was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £54,500 results in an estimated price of approximately £63,884.
| 4 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £54,500 | £9,384 | £63,884 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | -8.001 % | £-4,360 | £50,139 |
| 3 Month Average | -4.238 % | £-2,309 | £52,190 |
| 6 Month Average | 13.905 % | £7,577 | £62,077 |
This house has a floor area of 21 sq meters or 226 sq feet when measured on 21 Aug 2019.
The average size of a house on PALM BAY AVENUE is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palm Bay Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Palm Bay Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sackett'S Gap |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leicester Avenue |