£246,927
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 21 Jul 2023 |
| £197,000 | 19 Oct 2018 |
| £136,000 | 12 May 2006 |
| £110,000 | 14 Apr 2003 |
| £54,000 | 28 May 1999 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 July 2023 the House Price Index for KENT was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £240,000 results in an estimated price of approximately £246,927.
| 21 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £240,000 | £6,927 | £246,927 |
The Postcode Pricing Model uses changes in average sales price within the TN28 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 | -49.050 % | £-117,720 | £122,279 |
| 3 Month Average | -13.757 % | £-33,016 | £206,983 |
| 6 Month Average | -5.764 % | £-13,832 | £226,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £234,384 | £230,000 | 10 THE MEADOWS |
| 7 Feb 2023 | £231,547 | £230,000 | 14 WELLS CLOSE |
| 30 Jan 2023 | £266,713 | £266,000 | 5 MOUNTFIELD ROAD |
| 10 Jun 2022 | £357,645 | £350,000 | 35 STATION ROAD |
| 21 Jan 2022 | £371,069 | £350,000 | 12 STATION ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 17 May 2018.
The average size of a house on WELLS CLOSE is 62 sq meters (672 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wells Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wells Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wells Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wells Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Imbert Close |