2 REDBANK

£323,159

Full Address

2 REDBANK
LEYBOURNE
WEST MALLING
KENT
UNITED KINGDOM
ME19 5QW

Estimated Market Value

£323,159

This estimated value is based upon the latest sale price for the house of £263,000 on 9 Jan 2020. This value is then adjusted by the current Official House Price Index for KENT 1

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Transactions for this house
Price PaidDate
£263,0009 Jan 2020
£235,0002 Feb 2018
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 2020 the House Price Index for KENT was 121.8.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.

Applying this 22.874% change to the original purchase price of £263,000 results in an estimated price of approximately £323,159.

9 Jan 2020 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
121.8 149.7 22.874 % £263,000 £60,159 £323,159

The Postcode Pricing Model uses changes in average sales price within the ME19 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 -13.540 % £-35,611 £227,388
3 Month Average 19.892 % £52,315 £315,315
6 Month Average 20.354 % £53,530 £316,530
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
21 Mar 2024 £287,416 £283,000 23 REDBANK
17 Nov 2023 £367,324 £358,000 2 COPSEHILL
31 Aug 2023 £422,622 £415,000 14 BAYWELL
30 Jun 2023 £357,157 £350,000 25 BAYWELL
17 Feb 2023 £493,295 £490,000 5 COPSEHILL

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Aug 2024 Violence and sexual offences Investigation complete; no suspect identified On or near The Croft
Jul 2024 Violence and sexual offences Under investigation On or near Woodlea
Jun 2024 Vehicle crime Under investigation On or near Grassmere
Jun 2024 Violence and sexual offences Unable to prosecute suspect On or near Woodlea
Jun 2024 Other crime Unable to prosecute suspect On or near Woodlea

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Companies Near Here
WHISHD LTD
20 REDBANK LEYBOURNE WEST MALLING KENT UNITED KINGDOM ME19 5QW
THE SOLAR ROOFING COMPANY LTD
8 Redbank Leybourne West Malling England ME19 5QW
PM LIGHTING MEDIA LTD
9 Highberry Leybourne West Malling United Kingdom ME19 5QT
RUSSELLHAZE CONSULTING LTD.
34 COPSEHILL LEYBOURNE WEST MALLING KENT ENGLAND ME19 5QR
LEED PROPERTIES LTD
12 The Croft Leybourne West Malling England ME19 5QD

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People Near Here
NEAL ST JOHN MOY Historic Information BANK EMPLOYEE
1 HIGHBERRY, ME19 5QT
MR COLIN CHRISTOPHER MANN Historic Information TELECOMS CONSULTANT
12 HIGHBERRY, LEYBOURNE, ME19 5QT
Mrs Jo Bunnell-Thompson Historic Information
24 Redbank, Leybourne, ME19 5QW
Mr Shaun Michael David Stewart
20 Redbank, Leybourne, ME19 5QW
Mr Peter Anthony Montalbano
9 Highberry, Leybourne, ME19 5QT
JEFFREY CHARLES CRUTTWELL Historic Information INSURANCE BROKER
3 HIGHBERRY, LEYBOURNE, ME19 5QT

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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