£191,007
This estimated value is based upon the latest sale price for the house of £155,000 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Prospect Place
More crime details
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Price Paid | Date |
---|---|
£155,000 | 2 Oct 2018 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 October 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £155,000 results in an estimated price of approximately £191,007.
2 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £155,000 | £36,007 | £191,007 |
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 | 9.440 % | £14,632 | £169,632 |
3 Month Average | 29.297 % | £45,411 | £200,411 |
6 Month Average | 16.319 % | £25,294 | £180,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £192,461 | £190,000 | 49A BOWER PLACE |
6 Jul 2023 | £217,933 | £215,000 | 37 BOWER LANE |
26 Apr 2023 | £255,248 | £252,500 | 15 BOWER PLACE |
6 May 2022 | £522,852 | £513,000 | 4 BOWER PLACE |
1 Feb 2022 | £325,095 | £310,000 | 16 UPPER FANT ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Sep 2018. Using an estimated price of £191,008 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on BOWER LANE is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Place |
Feb 2024 | Burglary | Awaiting court outcome | On or near Prospect Place |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Florence Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |