£346,319
This estimated value is based upon the latest sale price for the house of £250,500 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,500 | 29 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2016 the House Price Index for KENT was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £250,500 results in an estimated price of approximately £346,319.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £250,500 | £95,819 | £346,319 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 43.983 % | £110,176 | £360,676 |
| 3 Month Average | 37.978 % | £95,135 | £345,635 |
| 6 Month Average | 44.368 % | £111,142 | £361,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £229,133 | £225,000 | 24 CUCKOO LANE |
| 18 Aug 2023 | £274,959 | £270,000 | 55 WEAVERS WAY |
| 16 Jun 2023 | £234,703 | £230,000 | 44 WEAVERS WAY |
| 31 Mar 2023 | £361,029 | £355,000 | 28 THE CLOSE |
| 24 Mar 2023 | £264,416 | £260,000 | 26 WEAVERS WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Jan 2016. Using an estimated price of £346,320 means this house is valued at £3,533 per sq meter (£328 per sq foot).
The average size of a house on THE CLOSE is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near The Close |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near The Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weavers Way |
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Weavers Way |
| Sep 2024 | Anti-social behaviour | On or near Weavers Way |