£223,045
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £130,000 | 17 Aug 2012 |
| £127,500 | 28 Nov 2006 |
| £33,582 | 30 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 579 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 August 2012 the House Price Index for KENT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £130,000 results in an estimated price of approximately £223,045.
| 17 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £130,000 | £93,045 | £223,045 |
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 | 67.545 % | £87,808 | £217,808 |
| 3 Month Average | 68.632 % | £89,222 | £219,222 |
| 6 Month Average | 81.030 % | £105,338 | £235,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £192,000 | £192,000 | 62 FALCON WAY |
| 20 Mar 2024 | £246,792 | £243,000 | 33 FALCON WAY |
| 20 Dec 2023 | £226,974 | £220,000 | 59 FALCON WAY |
| 11 Dec 2023 | £132,316 | £128,250 | 23 FALCON WAY |
| 24 Oct 2023 | £378,599 | £370,000 | 5 HAWKS WAY |
This house has a floor area of 53 sq meters or 579 sq feet when measured on 16 Mar 2012. Using an estimated price of £223,045 means this house is valued at £4,142 per sq meter (£384 per sq foot).
The average size of a house on FALCON WAY is 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falcon Way |
| Apr 2024 | Anti-social behaviour | On or near Falcon Way | |
| Apr 2024 | Anti-social behaviour | On or near Falcon Way | |
| Apr 2024 | Anti-social behaviour | On or near Falcon Way | |
| Apr 2024 | Anti-social behaviour | On or near Falcon Way |