£311,237
This estimated value is based upon the latest sale price for the house of £305,000 on 8 Jun 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £305,000 | 8 Jun 2023 |
| £155,000 | 17 Dec 2008 |
| £64,500 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 June 2023 the House Price Index for KENT was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £305,000 results in an estimated price of approximately £311,237.
| 8 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £305,000 | £6,237 | £311,237 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | 12.070 % | £36,813 | £341,813 |
| 3 Month Average | 14.075 % | £42,929 | £347,929 |
| 6 Month Average | 12.427 % | £37,902 | £342,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £283,718 | £275,000 | FLAT 3 8 SPA CRESCENT |
| 9 Jun 2023 | £377,566 | £370,000 | 18 TUDOR COURT |
| 8 Jun 2023 | £311,237 | £305,000 | 2 CHERRY TREE ROAD |
| 21 Apr 2023 | £163,050 | £160,000 | 24 TUDOR COURT |
| 28 Feb 2023 | £132,888 | £132,000 | 40 TUDOR COURT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 25 Mar 2019. Using an estimated price of £311,237 means this house is valued at £2,615 per sq meter (£242 per sq foot).
The average size of a house on CHERRY TREE ROAD is 123 sq meters (1,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Mews |
| Oct 2024 | Anti-social behaviour | On or near Showfields Road | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Showfields Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Eridge Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eridge Road |