£357,737
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Dec 2018 |
| Terraced |
| Freehold |
| 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 December 2018 the House Price Index for KENT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £290,000 results in an estimated price of approximately £357,737.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £290,000 | £67,737 | £357,737 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | -22.148 % | £-64,229 | £225,770 |
| 3 Month Average | -8.331 % | £-24,159 | £265,840 |
| 6 Month Average | 0.233 % | £675 | £290,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £328,985 | £325,000 | 2 STANHOPE ROAD |
| 20 Feb 2023 | £258,826 | £259,000 | 118 AUCKLAND ROAD |
| 18 Nov 2022 | £344,823 | £349,000 | 11 VERNON ROAD |
| 2 Aug 2022 | £413,886 | £415,000 | 21 VERNON ROAD |
| 30 Jun 2022 | £332,850 | £328,146 | 55 AUCKLAND ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 Sep 2018. Using an estimated price of £357,738 means this house is valued at £4,968 per sq meter (£461 per sq foot).
The average size of a house on VERNON ROAD is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanhope Road |
| Apr 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanhope Road |
| Feb 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanhope Road |