£1,313,394
This estimated value is based upon the latest sale price for the house of £355,000 on 30 Aug 2000. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£355,000 | 30 Aug 2000 |
£245,000 | 12 Mar 1999 |
Detached |
Freehold |
Floor Area: 270 sq meters or 2,906 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 August 2000 the House Price Index for KENT was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £355,000 results in an estimated price of approximately £1,313,394.
30 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £355,000 | £958,394 | £1,313,394 |
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 | 303.467 % | £1,077,308 | £1,432,308 |
3 Month Average | 262.428 % | £931,619 | £1,286,619 |
6 Month Average | 314.994 % | £1,118,229 | £1,473,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £380,000 | £380,000 | FLAT 1 BEACON HEIGHTS, 7 MARINE PARADE |
1 Apr 2022 | £386,175 | £375,000 | 3 TANKERTON MEWS |
29 Mar 2022 | £492,225 | £475,000 | 3 TOWER HILL |
28 Jun 2021 | £516,077 | £481,000 | 5 SOUTH LODGE CLOSE |
24 Jun 2021 | £407,711 | £380,000 | 7 TANKERTON MEWS |
This house has a floor area of 270 sq meters or 2,906 sq feet when measured on 30 Jan 2015. Using an estimated price of £1,313,395 means this house is valued at £4,864 per sq meter (£451 per sq foot).
The average size of a house on TOWER HILL is 107 sq meters (1,153 sq feet).
This house is the largest in the street with a floor area of 270 sq meters (2,906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Road |
Feb 2024 | Anti-social behaviour | On or near Tower Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tower Road |
Feb 2024 | Anti-social behaviour | On or near Tower Road | |
Jan 2024 | Possession of weapons | Local resolution | On or near Tower Road |