£250,448
This estimated value is based upon the latest sale price for the house of £220,000 on 4 May 2021. This value is then adjusted by the current Official House Price Index for KENT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 4 May 2021 |
| £161,950 | 14 May 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 May 2021 the House Price Index for KENT was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £220,000 results in an estimated price of approximately £250,448.
| 4 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £220,000 | £30,448 | £250,448 |
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 | 11.087 % | £24,391 | £244,391 |
| 3 Month Average | 12.968 % | £28,530 | £248,530 |
| 6 Month Average | -1.344 % | £-2,956 | £217,043 |
| 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 72 sq meters or 775 sq feet when measured on 13 Nov 2019. Using an estimated price of £250,449 means this house is valued at £3,478 per sq meter (£323 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 |