£237,904
This estimated value is based upon the latest sale price for the house of £163,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £163,000 | 22 May 2015 |
| £129,995 | 5 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 May 2015 the House Price Index for KENT was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £163,000 results in an estimated price of approximately £237,904.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £163,000 | £74,904 | £237,904 |
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 | 44.992 % | £73,337 | £236,337 |
| 3 Month Average | 48.703 % | £79,386 | £242,386 |
| 6 Month Average | 42.864 % | £69,867 | £232,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £233,456 | £230,000 | 18 STOUR CLOSE |
| 3 Feb 2023 | £295,801 | £296,000 | 15 OAKLANDS |
| 27 Jul 2022 | £232,626 | £232,000 | 19 OAKLANDS |
| 6 Jul 2022 | £253,683 | £253,000 | 330 BEAVER LANE |
| 23 Jun 2022 | £294,157 | £290,000 | 14 LONG BEECH |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 30 May 2014. Using an estimated price of £237,905 means this house is valued at £4,325 per sq meter (£401 per sq foot).
The average size of a house on BROOKFIELD ROAD is 81 sq meters (874 sq feet).