£240,972
This estimated value is based upon the latest sale price for the house of £235,500 on 18 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Tonbridge Road
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| Price Paid | Date |
|---|---|
| £235,500 | 18 Oct 2023 |
| £78,500 | 15 Jun 2001 |
| £49,500 | 5 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in October 2023 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £235,500 results in an estimated price of approximately £240,972.
| 18 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £235,500 | £5,472 | £240,972 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 118.325 % | £278,656 | £514,156 |
| 3 Month Average | 15.762 % | £37,119 | £272,619 |
| 6 Month Average | 2.848 % | £6,706 | £242,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £202,761 | £201,000 | 148 LONDON ROAD |
| 8 Mar 2024 | £172,653 | £170,000 | 33 TONBRIDGE ROAD |
| 18 Oct 2023 | £240,973 | £235,500 | 180 LONDON ROAD |
| 29 Sep 2023 | £130,374 | £127,500 | 150 LONDON ROAD |
| 27 Feb 2023 | £224,500 | £223,000 | 158 LONDON ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Mar 2020. Using an estimated price of £240,973 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on LONDON ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Tonbridge Road |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Tonbridge Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |