£341,520
This estimated value is based upon the latest sale price for the house of £300,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 28 May 2021 |
| £210,000 | 25 Apr 2014 |
| £200,000 | 12 Jun 2008 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 £300,000 results in an estimated price of approximately £341,520.
| 28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £300,000 | £41,520 | £341,520 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 13.313 % | £39,938 | £339,938 |
| 3 Month Average | 15.322 % | £45,965 | £345,965 |
| 6 Month Average | 11.344 % | £34,031 | £334,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £50,000 | £50,000 | FLAT 17 SHERLOCK HOUSE LYNLEY CLOSE |
| 26 Oct 2023 | £230,229 | £225,000 | FLAT 6 HOLMES COURT LYNLEY CLOSE |
| 14 Sep 2023 | £526,609 | £515,000 | 59 QUEEN ELIZABETH SQUARE |
| 14 Aug 2023 | £193,490 | £190,000 | FLAT 12 HOLMES COURT LYNLEY CLOSE |
| 2 Feb 2023 | £417,791 | £415,000 | 65A QUEEN ELIZABETH SQUARE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Jan 2013. Using an estimated price of £341,521 means this house is valued at £3,712 per sq meter (£344 per sq foot).
The average size of a house on TENNISON WAY is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tennison Way |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tennison Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennison Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynley Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lynley Close |