£180,918
This estimated value is based upon the latest sale price for the house of £57,500 on 3 Jan 2002. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£57,500 | 3 Jan 2002 |
Detached |
Leasehold |
Floor Area: 40 sq meters or 430 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 January 2002 the House Price Index for KENT was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £57,500 results in an estimated price of approximately £180,918.
3 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 149.7 | 214.641 % | £57,500 | £123,418 | £180,918 |
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 | 37.820 % | £21,746 | £79,246 |
3 Month Average | 119.656 % | £68,802 | £126,302 |
6 Month Average | 163.109 % | £93,787 | £151,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £348,022 | £345,000 | 5 BOWER STREET |
4 Apr 2023 | £295,528 | £290,000 | 123 BOWER STREET |
21 Mar 2023 | £325,435 | £320,000 | 21 BOWER STREET |
1 Jul 2022 | £460,615 | £456,000 | 3 BOWER STREET |
22 Jun 2022 | £206,412 | £202,000 | FLAT 2 WYKEHAM COURT, 2 CORNWALLIS ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 9 Dec 2019. Using an estimated price of £180,919 means this house is valued at £4,522 per sq meter (£420 per sq foot).
The average size of a house on CORNWALLIS ROAD is 92 sq meters (995 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwallis Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwallis Road |
Apr 2024 | Anti-social behaviour | On or near Cornwallis Road | |
Apr 2024 | Anti-social behaviour | On or near Cornwallis Road | |
Apr 2024 | Anti-social behaviour | On or near Cornwallis Road |