£182,636
This estimated value is based upon the latest sale price for the house of £178,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£178,000 | 17 Nov 2023 |
£134,000 | 14 May 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 583 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 November 2023 the House Price Index for KENT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £178,000 results in an estimated price of approximately £182,636.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £178,000 | £4,636 | £182,636 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 6.376 % | £11,348 | £189,348 |
3 Month Average | 6.748 % | £12,012 | £190,012 |
6 Month Average | -0.896 % | £-1,595 | £176,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £182,636 | £178,000 | 2 TANNERY SQUARE |
20 Feb 2023 | £261,748 | £260,000 | 13 BACK LANE |
1 Dec 2021 | £334,585 | £310,000 | 44 THE ROPE WALK |
30 Nov 2021 | £149,809 | £137,500 | 10 BACK LANE |
17 Nov 2021 | £250,535 | £229,950 | 14 THE ROPE WALK |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 30 Nov 2009. Using an estimated price of £182,636 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on TANNERY SQUARE is 64 sq meters (691 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Local resolution | On or near Tannery Way South |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Drying Shed Lane |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Drying Shed Lane |