£331,241
This estimated value is based upon the latest sale price for the house of £325,000 on 23 May 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £325,000 | 23 May 2022 |
| £240,000 | 27 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2022 the House Price Index for KENT was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £325,000 results in an estimated price of approximately £331,241.
| 23 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £325,000 | £6,241 | £331,241 |
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 | 114.286 % | £371,428 | £696,428 |
| 3 Month Average | 8.802 % | £28,606 | £353,606 |
| 6 Month Average | 7.179 % | £23,330 | £348,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £479,192 | £475,000 | FLAT 2 RODMELL PLACE RODMELL ROAD |
| 3 Jul 2023 | £229,083 | £226,000 | FLAT 3 BEECH COURT, 2 MONTACUTE ROAD |
| 3 Apr 2023 | £1,314,150 | £1,300,000 | FLAT 2 2 FRANT ROAD |
| 12 Aug 2022 | £349,060 | £350,000 | FLAT 6 2 FRANT ROAD |
| 12 Aug 2022 | £349,060 | £350,000 | FLAT 7 2 FRANT ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Jul 2021. Using an estimated price of £331,241 means this house is valued at £3,896 per sq meter (£362 per sq foot).
The average size of a house on FRANT ROAD is 137 sq meters (1,476 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montacute Mews |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |