£246,585
This estimated value is based upon the latest sale price for the house of £228,000 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£228,000 | 15 Nov 2021 |
£141,000 | 24 Feb 2006 |
£127,000 | 5 Mar 2004 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 November 2021 the House Price Index for KENT was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £228,000 results in an estimated price of approximately £246,585.
15 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £228,000 | £18,585 | £246,585 |
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 | -5.726 % | £-13,054 | £214,945 |
3 Month Average | -3.429 % | £-7,817 | £220,182 |
6 Month Average | 0.821 % | £1,871 | £229,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £282,240 | £283,000 | 15 BURGHCLERE DRIVE |
25 May 2022 | £219,129 | £215,000 | 3 SHERBOURNE DRIVE |
29 Apr 2022 | £257,450 | £250,000 | 23 FANT LANE |
22 Apr 2022 | £210,079 | £204,000 | 30 FANT LANE |
2 Feb 2022 | £281,050 | £268,000 | 34 SHERBOURNE DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Mar 2018. Using an estimated price of £246,585 means this house is valued at £4,652 per sq meter (£432 per sq foot).
The average size of a house on FANT LANE is 78 sq meters (843 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burghclere Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burghclere Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margarets Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margarets Close |
Apr 2024 | Anti-social behaviour | On or near Ridgway |