£774,234
This estimated value is based upon the latest sale price for the house of £660,000 on 16 Oct 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 Water Lane
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Price Paid | Date |
---|---|
£660,000 | 16 Oct 2020 |
£395,000 | 9 Jan 2013 |
£334,875 | 28 Apr 2008 |
£310,000 | 29 Jan 2004 |
Terraced |
Freehold |
Floor Area: 147 sq meters or 1,586 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 October 2020 the House Price Index for KENT was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £660,000 results in an estimated price of approximately £774,234.
16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £660,000 | £114,234 | £774,234 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 58.750 % | £387,748 | £1,047,748 |
3 Month Average | 8.877 % | £58,586 | £718,586 |
6 Month Average | 15.055 % | £99,361 | £759,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £192,461 | £190,000 | FLAT 4 109 WEST STREET |
13 Jul 2023 | £628,458 | £620,000 | 7 BEDLINGTON SQUARE |
9 Mar 2023 | £173,636 | £172,000 | 112 WEST STREET |
20 Feb 2023 | £264,822 | £265,000 | 6 JACOB VILLAS |
12 Oct 2022 | £234,475 | £237,000 | 8 THE BREWHOUSE COURT STREET |
This house has a floor area of 147 sq meters or 1,586 sq feet when measured on 21 Sep 2009. Using an estimated price of £774,235 means this house is valued at £5,251 per sq meter (£487 per sq foot).
The average size of a house on WEST STREET is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Lane |
Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Water Lane |
Mar 2024 | Burglary | Under investigation | On or near Water Lane |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Water Lane |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Water Lane |