£778,439
This estimated value is based upon the latest sale price for the house of £520,000 on 15 Jan 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£520,000 | 15 Jan 2015 |
£280,000 | 30 Nov 2000 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,463 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 January 2015 the House Price Index for KENT was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £520,000 results in an estimated price of approximately £778,439.
15 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £520,000 | £258,439 | £778,439 |
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 | -28.280 % | £-147,054 | £372,945 |
3 Month Average | 24.403 % | £126,893 | £646,893 |
6 Month Average | 40.721 % | £211,750 | £731,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £557,119 | £540,000 | 2 PENNY CRESS GARDENS |
14 Dec 2023 | £531,327 | £515,000 | 52 OAKWOOD ROAD |
20 Jun 2023 | £239,806 | £235,000 | 2 TONBRIDGE COURT TONBRIDGE ROAD |
20 Apr 2023 | £315,909 | £310,000 | 4 OAKWOOD ROAD |
8 Mar 2023 | £467,813 | £460,000 | 66 OAKWOOD ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 20 Mar 2015. Using an estimated price of £778,440 means this house is valued at £5,723 per sq meter (£531 per sq foot).
The average size of a house on OAKWOOD ROAD is 121 sq meters (1,309 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Oakwood Road | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakwood Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Road |
May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Oakwood Road |
Jul 2024 | Robbery | Under investigation | On or near Penny Cress Gardens |