£502,723
This estimated value is based upon the latest sale price for the house of £495,000 on 6 Mar 2024. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £495,000 | 6 Mar 2024 |
| £310,000 | 23 Aug 2005 |
| £139,745 | 25 Jun 1997 |
| Detached |
| Freehold |
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 2024 the House Price Index for KENT was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £495,000 results in an estimated price of approximately £502,723.
| 6 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £495,000 | £7,723 | £502,723 |
The Postcode Pricing Model uses changes in average sales price within the ME9 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 | -40.087 % | £-198,429 | £296,570 |
| 3 Month Average | 5.774 % | £28,580 | £523,580 |
| 6 Month Average | 2.375 % | £11,754 | £506,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £330,475 | £330,475 | 111 CHAFFES LANE |
| 22 Mar 2024 | £319,915 | £315,000 | 110 CHAFFES LANE |
| 6 Mar 2024 | £502,724 | £495,000 | 113 CHAFFES LANE |
| 26 Apr 2023 | £590,546 | £579,500 | 87 OAK LANE |
| 10 Mar 2022 | £367,986 | £352,500 | 108 CHAFFES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marstan Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marstan Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marstan Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bishop Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bishop Lane |