£498,424
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Aug 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£400,000 | 20 Aug 2018 |
£113,000 | 1 Jun 1999 |
£105,000 | 1 Jul 1997 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £400,000 results in an estimated price of approximately £498,424.
20 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £400,000 | £98,424 | £498,424 |
The Postcode Pricing Model uses changes in average sales price within the TN25 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 | 5.768 % | £23,073 | £423,073 |
3 Month Average | 9.733 % | £38,933 | £438,933 |
6 Month Average | 22.703 % | £90,812 | £490,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £449,918 | £440,000 | 23 PONDMORE WAY |
13 Feb 2023 | £312,085 | £310,000 | 7 CHERRYWOOD RISE |
4 Nov 2022 | £324,483 | £326,000 | 15 WARREN VIEW |
27 Jul 2022 | £424,251 | £420,000 | 5 CHERRYWOOD RISE |
8 Apr 2022 | £331,975 | £320,000 | 9 LANDBURY WALK |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Mar 2017. Using an estimated price of £498,424 means this house is valued at £5,034 per sq meter (£467 per sq foot).
The average size of a house on CHERRYWOOD RISE is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Romney Point |
Jul 2024 | Anti-social behaviour | On or near Farrier Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrier Close |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Intelligence Walk |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barley Mow View |