£149,808
This estimated value is based upon the latest sale price for the house of £137,500 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£137,500 | 30 Nov 2021 |
£130,000 | 30 Jun 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 2021 the House Price Index for KENT was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £137,500 results in an estimated price of approximately £149,808.
30 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £137,500 | £12,308 | £149,808 |
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 | 52.164 % | £71,725 | £209,225 |
3 Month Average | 17.051 % | £23,445 | £160,945 |
6 Month Average | -10.609 % | £-14,587 | £122,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £182,636 | £178,000 | 2 TANNERY SQUARE |
16 Oct 2023 | £189,299 | £185,000 | 6 CREINE MILL LANE NORTH |
20 Feb 2023 | £261,748 | £260,000 | 13 BACK LANE |
24 Mar 2022 | £174,859 | £167,500 | 22 DRYING SHED LANE |
30 Nov 2021 | £149,809 | £137,500 | 10 BACK LANE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 17 Jul 2020. Using an estimated price of £149,809 means this house is valued at £3,653 per sq meter (£339 per sq foot).
The average size of a house on BACK LANE is 73 sq meters (795 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Back Lane |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Drying Shed Lane |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Drying Shed Lane |