£278,842
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Sep 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 25 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2017 the House Price Index for KENT was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £220,000 results in an estimated price of approximately £278,842.
| 25 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £220,000 | £58,842 | £278,842 |
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 | 21.419 % | £47,121 | £267,121 |
| 3 Month Average | 25.338 % | £55,743 | £275,743 |
| 6 Month Average | 21.777 % | £47,910 | £267,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £232,979 | £230,000 | 13A WARWICK PLACE |
| 4 Apr 2023 | £293,156 | £290,000 | 123 BOWER STREET |
| 21 Mar 2023 | £323,043 | £320,000 | 21 BOWER STREET |
| 4 Nov 2022 | £254,418 | £257,500 | 148 BOWER STREET |
| 19 Aug 2022 | £349,060 | £350,000 | 24 BOWER STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Mar 2017. Using an estimated price of £278,842 means this house is valued at £3,280 per sq meter (£304 per sq foot).
The average size of a house on BOWER STREET is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bower Street | |
| Apr 2024 | Anti-social behaviour | On or near Bower Street | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Bower Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warwick Place |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Warwick Place |