£229,451
This estimated value is based upon the latest sale price for the house of £134,450 on 23 Jul 2010. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £134,450 | 23 Jul 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 July 2010 the House Price Index for KENT was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £134,450 results in an estimated price of approximately £229,451.
| 23 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £134,450 | £95,001 | £229,451 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 44.033 % | £59,202 | £193,652 |
| 3 Month Average | 55.056 % | £74,022 | £208,472 |
| 6 Month Average | 40.420 % | £54,344 | £188,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £182,636 | £178,000 | 2 TANNERY SQUARE |
| 20 Feb 2023 | £261,748 | £260,000 | 13 BACK LANE |
| 1 Dec 2021 | £334,585 | £310,000 | 44 THE ROPE WALK |
| 30 Nov 2021 | £149,809 | £137,500 | 10 BACK LANE |
| 17 Nov 2021 | £250,535 | £229,950 | 14 THE ROPE WALK |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Nov 2019. Using an estimated price of £229,451 means this house is valued at £4,780 per sq meter (£444 per sq foot).
The average size of a house on TANNERY SQUARE is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Tannery Way South |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Drying Shed Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Drying Shed Lane |