£257,314
This estimated value is based upon the latest sale price for the house of £72,995 on 30 Mar 2001. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £72,995 | 30 Mar 2001 |
| £66,500 | 16 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 March 2001 the House Price Index for KENT was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £72,995 results in an estimated price of approximately £257,314.
| 30 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £72,995 | £184,319 | £257,314 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 206.972 % | £151,079 | £224,074 |
| 3 Month Average | 216.372 % | £157,940 | £230,935 |
| 6 Month Average | 222.580 % | £162,472 | £235,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £256,511 | £250,000 | 48 HOMESTEAD |
| 3 Nov 2023 | £259,589 | £253,000 | 13 OLD ORCHARD |
| 2 Jun 2023 | £224,499 | £220,000 | 32 TITHE BARN LANE |
| 3 Oct 2022 | £473,419 | £475,000 | 4 OLD ORCHARD |
| 20 Jul 2022 | £505,061 | £500,000 | 3 LITTLE HEMPEN |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 May 2019. Using an estimated price of £257,315 means this house is valued at £4,436 per sq meter (£412 per sq foot).
The average size of a house on OLD ORCHARD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Local resolution | On or near Old Orchard |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Orchard |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Orchard |
| May 2024 | Anti-social behaviour | On or near Little Hempen | |
| May 2024 | Anti-social behaviour | On or near Little Hempen |