£201,322
This estimated value is based upon the latest sale price for the house of £87,500 on 1 Aug 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £87,500 | 1 Aug 2003 |
| £57,000 | 30 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 449 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 2003 the House Price Index for KENT was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £87,500 results in an estimated price of approximately £201,322.
| 1 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £87,500 | £113,822 | £201,322 |
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 | 126.643 % | £110,812 | £198,312 |
| 3 Month Average | 100.571 % | £87,999 | £175,499 |
| 6 Month Average | 107.117 % | £93,727 | £181,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £375,560 | £370,000 | 1A VICTORIA STREET |
| 29 Sep 2023 | £232,979 | £230,000 | 13A WARWICK PLACE |
| 21 Jul 2023 | £299,025 | £295,000 | 30 VICTORIA STREET |
| 21 Mar 2023 | £323,043 | £320,000 | 21 BOWER STREET |
| 21 Feb 2023 | £319,785 | £320,000 | 3 VICTORIA STREET |
This house has a floor area of 41 sq meters or 449 sq feet when measured on 10 Dec 2009. Using an estimated price of £201,322 means this house is valued at £4,817 per sq meter (£447 per sq foot).
The average size of a house on BOWER STREET is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warwick Place |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Warwick Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warwick Place |
| Feb 2024 | Other theft | Under investigation | On or near Warwick Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Warwick Place |