£586,256
This estimated value is based upon the latest sale price for the house of £474,500 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£474,500 | 22 Nov 2019 |
£250,000 | 28 Aug 2009 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 November 2019 the House Price Index for KENT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £474,500 results in an estimated price of approximately £586,256.
22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £474,500 | £111,756 | £586,256 |
The Postcode Pricing Model uses changes in average sales price within the CT21 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 | 25.971 % | £123,233 | £597,733 |
3 Month Average | 0.869 % | £4,124 | £478,624 |
6 Month Average | 7.761 % | £36,825 | £511,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2024 | £990,000 | £990,000 | OAK BANK, 2 TANNERS HILL |
1 Nov 2023 | £559,708 | £545,500 | 2A NORTH ROAD |
15 Sep 2023 | £245,410 | £240,000 | 139D HIGH STREET |
7 Sep 2023 | £291,424 | £285,000 | 3 HOLLY CLOSE |
15 Jun 2023 | £1,423,528 | £1,395,000 | 1 BOWEN HOUSE, 26A PROSPECT ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Mar 2019. Using an estimated price of £586,256 means this house is valued at £5,982 per sq meter (£555 per sq foot).
The average size of a house on NORTH ROAD is 119 sq meters (1,289 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |
Aug 2024 | Anti-social behaviour | On or near East Street | |
Aug 2024 | Anti-social behaviour | On or near East Street | |
Aug 2024 | Anti-social behaviour | On or near East Street | |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bell Inn Road |