£248,599
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£230,000 | 25 Jun 2021 |
£155,000 | 1 Mar 2013 |
£153,000 | 15 Oct 2004 |
£54,500 | 6 Apr 1999 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 2021 the House Price Index for KENT was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £230,000 results in an estimated price of approximately £248,599.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £230,000 | £18,599 | £248,599 |
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 | -49.439 % | £-113,710 | £116,289 |
3 Month Average | -4.591 % | £-10,560 | £219,439 |
6 Month Average | 9.779 % | £22,492 | £252,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £278,560 | £270,000 | 92 BOWER STREET |
4 Apr 2023 | £295,528 | £290,000 | 123 BOWER STREET |
4 Nov 2022 | £256,302 | £257,500 | 148 BOWER STREET |
22 Jun 2022 | £206,412 | £202,000 | FLAT 2 WYKEHAM COURT, 2 CORNWALLIS ROAD |
12 May 2022 | £381,951 | £372,000 | 14 BOWER CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 1 May 2012. Using an estimated price of £248,599 means this house is valued at £4,009 per sq meter (£372 per sq foot).
The average size of a house on BOWER STREET is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bower Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bower Street |
May 2024 | Drugs | Local resolution | On or near Bower Street |
Apr 2024 | Anti-social behaviour | On or near Bower Street | |
Apr 2024 | Anti-social behaviour | On or near Bower Street |