£889,736
This estimated value is based upon the latest sale price for the house of £710,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £710,000 | 1 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2018 the House Price Index for KENT was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £710,000 results in an estimated price of approximately £889,736.
| 1 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £710,000 | £179,736 | £889,736 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | -40.033 % | £-284,236 | £425,763 |
| 3 Month Average | -3.686 % | £-26,171 | £683,828 |
| 6 Month Average | 12.423 % | £88,200 | £798,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £818,000 | £818,000 | 21 WALLACE CLOSE |
| 23 Aug 2023 | £818,258 | £803,500 | 2 BIRLING ROAD |
| 17 Jun 2023 | £1,479,652 | £1,450,000 | 89A FRANT ROAD |
| 20 Jan 2023 | £417,867 | £416,750 | 12 BIRLING ROAD |
| 20 Oct 2022 | £906,971 | £910,000 | APARTMENT 2 239 FOREST ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 14 Nov 2012. Using an estimated price of £889,737 means this house is valued at £7,604 per sq meter (£706 per sq foot).
The average size of a house on WALLACE CLOSE is 144 sq meters (1,558 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Chenies Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chenies Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chenies Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chenies Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chenies Close |