£261,223
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£220,000 | 18 Sep 2020 |
£142,000 | 22 Sep 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 September 2020 the House Price Index for KENT was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £220,000 results in an estimated price of approximately £261,223.
18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £220,000 | £41,223 | £261,223 |
The Postcode Pricing Model uses changes in average sales price within the TN10 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 | 13.056 % | £28,723 | £248,723 |
3 Month Average | 11.412 % | £25,106 | £245,106 |
6 Month Average | 5.678 % | £12,491 | £232,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £401,785 | £398,000 | 50 LONGMEAD WAY |
9 Mar 2023 | £272,568 | £270,000 | 16 DRY BANK COURT |
30 May 2022 | £145,746 | £143,000 | 2 DRY BANK COURT |
14 Apr 2022 | £231,705 | £225,000 | 3 FAIRLIGHT COURT WELLAND ROAD |
1 Apr 2022 | £437,665 | £425,000 | 1 URIDGE CRESCENT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jun 2018. Using an estimated price of £261,224 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on WELLAND ROAD is 69 sq meters (747 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Awaiting court outcome | On or near Welland Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Road |
Feb 2024 | Anti-social behaviour | On or near Welland Road |