£531,721
This estimated value is based upon the latest sale price for the house of £520,000 on 20 Sep 2023. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Lonbay Drive
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Price Paid | Date |
---|---|
£520,000 | 20 Sep 2023 |
£265,000 | 10 Jul 2012 |
£58,000 | 21 Jan 1998 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2023 the House Price Index for KENT was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £520,000 results in an estimated price of approximately £531,721.
20 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £520,000 | £11,721 | £531,721 |
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 | -58.407 % | £-303,717 | £216,282 |
3 Month Average | -7.928 % | £-41,225 | £478,774 |
6 Month Average | -11.808 % | £-61,401 | £458,598 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £460,143 | £450,000 | 63 ROLFE LANE |
20 Sep 2023 | £531,721 | £520,000 | PEACE HAVEN CRAYTHORNE LANE |
31 Aug 2023 | £504,092 | £495,000 | 9 CRISPIN CLOSE |
30 Mar 2023 | £574,596 | £565,000 | MORNINGSIDE DYMCHURCH ROAD |
30 Mar 2023 | £559,341 | £550,000 | 83 ROLFE LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Oct 2021. Using an estimated price of £531,721 means this house is valued at £5,317 per sq meter (£493 per sq foot).
The average size of a house on CRAYTHORNE LANE is 138 sq meters (1,493 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Lonbay Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Rolfe Lane |
Jul 2024 | Public order | Under investigation | On or near Rolfe Lane |
May 2024 | Violence and sexual offences | Under investigation | On or near Rolfe Lane |
May 2024 | Public order | Unable to prosecute suspect | On or near Rolfe Lane |