£487,791
This estimated value is based upon the latest sale price for the house of £372,000 on 5 Dec 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £372,000 | 5 Dec 2016 |
| £270,000 | 15 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2016 the House Price Index for KENT was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £372,000 results in an estimated price of approximately £487,791.
| 5 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £372,000 | £115,791 | £487,791 |
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 | 43.031 % | £160,075 | £532,075 |
| 3 Month Average | 31.054 % | £115,519 | £487,519 |
| 6 Month Average | 29.563 % | £109,975 | £481,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £506,476 | £500,000 | 66 GLEBE LANE |
| 6 Mar 2023 | £504,755 | £500,000 | 44 GLEBE LANE |
| 24 Feb 2023 | £449,697 | £450,000 | 25 GLEBE LANE |
| 21 Feb 2023 | £425,714 | £426,000 | 711 TONBRIDGE ROAD |
| 22 Jul 2022 | £396,066 | £395,000 | 643 TONBRIDGE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 Sep 2016. Using an estimated price of £487,791 means this house is valued at £6,022 per sq meter (£559 per sq foot).
The average size of a house on GLEBE LANE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Cherries |