£370,570
This estimated value is based upon the latest sale price for the house of £306,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Forge Lane
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| Price Paid | Date |
|---|---|
| £306,000 | 30 Jun 2020 |
| £275,000 | 10 Jun 2016 |
| £145,000 | 7 May 2004 |
| £79,000 | 28 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 711 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 2020 the House Price Index for KENT was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £306,000 results in an estimated price of approximately £370,570.
| 30 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £306,000 | £64,570 | £370,570 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 21.790 % | £66,678 | £372,678 |
| 3 Month Average | 1.147 % | £3,508 | £309,508 |
| 6 Month Average | 13.576 % | £41,541 | £347,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £262,861 | £259,500 | FLAT 10 WHITBOURNE COURT ESSEX STREET |
| 9 Mar 2023 | £164,550 | £163,000 | 48 CANTERBURY ROAD |
| 15 Feb 2023 | £244,835 | £245,000 | FLAT 7 WHITBOURNE COURT ESSEX STREET |
| 16 Jan 2023 | £199,062 | £200,000 | 33 KENT STREET |
| 25 Jul 2022 | £396,066 | £395,000 | 53 ESSEX STREET |
This house has a floor area of 66 sq meters or 711 sq feet when measured on 7 Dec 2009. Using an estimated price of £370,571 means this house is valued at £5,609 per sq meter (£521 per sq foot).
The average size of a house on ESSEX STREET is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Forge Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mariners Court |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |