£447,759
This estimated value is based upon the latest sale price for the house of £362,000 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£362,000 | 30 Aug 2018 |
£245,000 | 26 Apr 2013 |
£247,500 | 1 Apr 2010 |
Terraced |
Freehold |
Floor Area: 117 sq meters or 1,259 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 2018 the House Price Index for KENT was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £362,000 results in an estimated price of approximately £447,759.
30 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £362,000 | £85,759 | £447,759 |
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 | 91.510 % | £331,267 | £693,267 |
3 Month Average | 27.124 % | £98,187 | £460,187 |
6 Month Average | 17.042 % | £61,691 | £423,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Sep 2022 | £319,917 | £322,500 | 9 FERNHILL ROAD |
5 Sep 2022 | £505,915 | £510,000 | WEST LODGE ST ANDREWS ROAD |
28 Jul 2022 | £441,188 | £440,000 | 13 ELMSTONE LANE |
28 Jul 2022 | £115,310 | £115,000 | 11 KENSINGTON HOUSE FERNHILL ROAD |
31 Mar 2022 | £577,716 | £557,500 | 523 TONBRIDGE ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 8 Jan 2013. Using an estimated price of £447,759 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on ELMSTONE LANE is 128 sq meters (1,387 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elmstone Lane |
Feb 2024 | Anti-social behaviour | On or near Elmstone Lane | |
Feb 2024 | Anti-social behaviour | On or near Elmstone Lane | |
Feb 2024 | Anti-social behaviour | On or near Elmstone Lane | |
Jan 2024 | Anti-social behaviour | On or near Elmstone Lane |