£799,953
This estimated value is based upon the latest sale price for the house of £690,000 on 19 Nov 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £690,000 | 19 Nov 2020 |
| £375,000 | 2 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2020 the House Price Index for KENT was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £690,000 results in an estimated price of approximately £799,953.
| 19 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £690,000 | £109,953 | £799,953 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | 33.467 % | £230,925 | £920,925 |
| 3 Month Average | -7.044 % | £-48,606 | £641,393 |
| 6 Month Average | 1.277 % | £8,809 | £698,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £810,591 | £803,500 | 2 BIRLING ROAD |
| 12 Jul 2023 | £1,819,488 | £1,795,000 | 229 FOREST ROAD |
| 20 Jan 2023 | £414,796 | £416,750 | 12 BIRLING ROAD |
| 30 Nov 2022 | £894,169 | £905,000 | APARTMENT 7 239 FOREST ROAD |
| 28 Oct 2022 | £840,945 | £850,000 | APARTMENT 4 239 FOREST ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 6 Oct 2012. Using an estimated price of £799,954 means this house is valued at £5,969 per sq meter (£554 per sq foot).
The average size of a house on WALLACE CLOSE is 144 sq meters (1,558 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highgrove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highgrove |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Court |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chenies Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chenies Close |