£1,556,409
This estimated value is based upon the latest sale price for the house of £671,486 on 26 Aug 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £671,486 | 26 Aug 2003 |
| Detached |
| Freehold |
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 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £671,486 results in an estimated price of approximately £1,556,409.
| 26 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £671,486 | £884,923 | £1,556,409 |
The Postcode Pricing Model uses changes in average sales price within the TN8 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 | 149.487 % | £1,003,787 | £1,675,273 |
| 3 Month Average | 102.784 % | £690,178 | £1,361,664 |
| 6 Month Average | 119.792 % | £804,384 | £1,475,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £172,653 | £170,000 | APARTMENT 6 EADHELM COURT PENLEE CLOSE |
| 19 Dec 2023 | £268,243 | £260,000 | FLAT 2 GARLANDS COURT MINSTRELS CLOSE |
| 30 Nov 2023 | £261,642 | £255,000 | APARTMENT 14 EADHELM COURT PENLEE CLOSE |
| 8 Jun 2023 | £239,806 | £235,000 | APARTMENT 31 EADHELM COURT PENLEE CLOSE |
| 2 Sep 2022 | £164,890 | £165,000 | APARTMENT 23 EADHELM COURT PENLEE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Minstrels Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Minstrels Close |
| Jun 2024 | Public order | Under investigation | On or near Minstrels Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Minstrels Close |
| Jul 2024 | Other crime | Under investigation | On or near Regency Close |