£333,195
This estimated value is based upon the latest sale price for the house of £210,000 on 29 Jun 2007. 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
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| Price Paid | Date |
|---|---|
| £210,000 | 29 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2007 the House Price Index for KENT was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £210,000 results in an estimated price of approximately £333,195.
| 29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £210,000 | £123,195 | £333,195 |
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 | 74.910 % | £157,310 | £367,310 |
| 3 Month Average | 67.902 % | £142,594 | £352,594 |
| 6 Month Average | 60.462 % | £126,969 | £336,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £217,933 | £215,000 | 37 BOWER LANE |
| 31 Mar 2023 | £305,882 | £303,000 | 87 DOUGLAS ROAD |
| 31 Mar 2023 | £305,882 | £303,000 | 85 DOUGLAS ROAD |
| 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 92 sq meters or 990 sq feet when measured on 19 Jul 2019. Using an estimated price of £333,196 means this house is valued at £3,621 per sq meter (£336 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 | Burglary | Awaiting court outcome | On or near Prospect Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | 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 | Other crime | Under investigation | On or near Bower Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |