£889,939
This estimated value is based upon the latest sale price for the house of £700,000 on 19 Oct 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £700,000 | 19 Oct 2017 |
| £485,000 | 16 Dec 2013 |
| £359,950 | 12 Jun 2006 |
| £245,000 | 22 Mar 2002 |
| £179,950 | 15 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2017 the House Price Index for KENT was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £700,000 results in an estimated price of approximately £889,939.
| 19 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £700,000 | £189,939 | £889,939 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | -19.005 % | £-133,033 | £566,966 |
| 3 Month Average | -15.880 % | £-111,157 | £588,842 |
| 6 Month Average | 0.688 % | £4,816 | £704,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £818,000 | £818,000 | 21 WALLACE CLOSE |
| 4 Dec 2023 | £389,468 | £377,500 | APARTMENT 10 GREENWOOD COURT, 216 FOREST ROAD |
| 23 Aug 2023 | £818,258 | £803,500 | 2 BIRLING ROAD |
| 20 Jan 2023 | £417,867 | £416,750 | 12 BIRLING ROAD |
| 30 Nov 2022 | £900,788 | £905,000 | APARTMENT 7 239 FOREST ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 9 May 2017. Using an estimated price of £889,940 means this house is valued at £6,180 per sq meter (£574 per sq foot).
The average size of a house on WALLACE CLOSE is 144 sq meters (1,558 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highgrove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Copperfields |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Copperfields |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Chenies Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chenies Close |