£258,832
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£245,000 | 24 Feb 2022 |
£119,999 | 10 Jun 2005 |
£65,500 | 12 Jan 2001 |
£41,950 | 24 Feb 1995 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 February 2022 the House Price Index for KENT was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £245,000 results in an estimated price of approximately £258,832.
24 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £245,000 | £13,832 | £258,832 |
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 | 1.583 % | £3,879 | £248,879 |
3 Month Average | 5.401 % | £13,231 | £258,231 |
6 Month Average | 16.184 % | £39,650 | £284,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2024 | £320,000 | £320,000 | 25 LAKEMEAD |
22 Aug 2023 | £330,969 | £325,000 | 14 LAKEMEAD |
18 Aug 2023 | £285,143 | £280,000 | 37 LAKEMEAD |
3 Jun 2023 | £219,397 | £215,000 | 31 LAKEMEAD |
31 Mar 2023 | £238,991 | £235,000 | 30 LAKEMEAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Jul 2021. Using an estimated price of £258,832 means this house is valued at £4,622 per sq meter (£429 per sq foot).
The average size of a house on LAKEMEAD is 62 sq meters (672 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lakemead |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Lakemead |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakemead |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lakemead |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Culter Field |