£299,633
This estimated value is based upon the latest sale price for the house of £85,000 on 19 Mar 2001. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £85,000 | 19 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 March 2001 the House Price Index for KENT was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £85,000 results in an estimated price of approximately £299,633.
| 19 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £85,000 | £214,633 | £299,633 |
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 | 44.143 % | £37,521 | £122,521 |
| 3 Month Average | 160.231 % | £136,196 | £221,196 |
| 6 Month Average | 191.097 % | £162,432 | £247,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £557,119 | £540,000 | 2 PENNY CRESS GARDENS |
| 14 Dec 2023 | £531,327 | £515,000 | 52 OAKWOOD ROAD |
| 20 Jun 2023 | £239,806 | £235,000 | 2 TONBRIDGE COURT TONBRIDGE ROAD |
| 20 Apr 2023 | £315,909 | £310,000 | 4 OAKWOOD ROAD |
| 8 Mar 2023 | £467,813 | £460,000 | 66 OAKWOOD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Apr 2015. Using an estimated price of £299,634 means this house is valued at £4,104 per sq meter (£381 per sq foot).
The average size of a house on TONBRIDGE ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Penny Cress Gardens | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Penny Cress Gardens |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Penny Cress Gardens |
| Jul 2024 | Robbery | Under investigation | On or near Penny Cress Gardens |
| May 2024 | Anti-social behaviour | On or near Penny Cress Gardens |