Full Address

WHITEHOUSE FARM OAST 1 SCHOOL LANE
HIGHAM
ROCHESTER
KENT
UNITED KINGDOM
ME3 7JH

Estimated Market Value

£761,117

This estimated value is based upon the latest sale price for the house of £705,000 on 16 Nov 2016. This value is then adjusted by the current Official House Price Index for KENT1

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Transactions for this house
Price PaidDate
£705,00016 Nov 2016
£275,00017 Jun 1999
£185,0006 Nov 1996
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 November 2016 the House Price Index for KENT was 118.7.

The House Price Index as of 1 Jun 2019 is 128.1 which is a change of 7.960%.

Applying this 7.960% change to the original purchase price of £705,000 gives us an estimated price now of around £761,117.

16 Nov 2016 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
118.7 128.1 7.960 % £705,000 £56,117 £761,117

The Postcode Pricing Model uses changes in average sales price within the ME3 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 2.127 % £14,993 £719,993
3 Month Average 13.204 % £93,087 £798,087
6 Month Average 10.647 % £75,063 £780,063

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In November 2016 the average sale price for the 50 nearest sales within five miles of WHITEHOUSE FARM OAST 1 SCHOOL LANE was £248,673.

In October 2019 the average sale price for the 50 nearest sales was £211,066. This is a change of -15.123%.

So taking the original purchase price of £705,000 and adjusting it by -15.123% gives an estimated price of £598,382.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 16 Nov 2016 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£248,673 £211,066 -15.123 % £705,000 £-106,617 £598,382
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
26 Jun 2019 £290,000 £290,000 1 GORE GREEN COTTAGES
2 Nov 2018 £333,957 £337,500 22 REYNOLDS FIELDS
21 Sep 2018 £296,878 £300,000 10 ALEXANDER COTTAGES SCHOOL LANE
24 Aug 2018 £382,631 £385,000 1 WHITEHOUSE FARM COTTAGES SCHOOL LANE
24 Aug 2018 £268,339 £270,000 37 SCHOOL LANE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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