£147,871
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Nov 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £120,000 | 12 Nov 2018 |
| £77,500 | 7 Mar 2014 |
| £52,000 | 27 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 November 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £120,000 results in an estimated price of approximately £147,871.
| 12 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £120,000 | £27,871 | £147,871 |
The Postcode Pricing Model uses changes in average sales price within the TN28 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 | -24.510 % | £-29,412 | £90,587 |
| 3 Month Average | -10.104 % | £-12,124 | £107,875 |
| 6 Month Average | 14.882 % | £17,858 | £137,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £243,274 | £240,000 | 12 WELLS CLOSE |
| 19 Jul 2023 | £122,651 | £121,000 | FLAT 9 BANK HOUSE MOUNTFIELD ROAD |
| 2 Jun 2023 | £334,046 | £330,000 | 6 LEAROYD ROAD |
| 28 Apr 2023 | £232,503 | £230,000 | 10 THE MEADOWS |
| 7 Feb 2023 | £229,845 | £230,000 | 14 WELLS CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Nov 2017. Using an estimated price of £147,872 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on MOUNTFIELD ROAD is 63 sq meters (682 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near The Meadows | |
| Apr 2024 | Anti-social behaviour | On or near The Meadows | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenly Way |
| Apr 2024 | Public order | Under investigation | On or near Station Approach |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Approach |