£341,666
This estimated value is based upon the latest sale price for the house of £307,500 on 24 Aug 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £307,500 | 24 Aug 2021 |
| £185,000 | 30 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2021 the House Price Index for KENT was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £307,500 results in an estimated price of approximately £341,666.
| 24 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £307,500 | £34,166 | £341,666 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 35.607 % | £109,492 | £416,992 |
| 3 Month Average | 9.546 % | £29,352 | £336,852 |
| 6 Month Average | 11.772 % | £36,200 | £343,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £262,125 | £260,000 | 573 TONBRIDGE ROAD |
| 15 Feb 2023 | £328,447 | £330,000 | 18 FOUNTAIN LANE |
| 5 Sep 2022 | £215,380 | £218,000 | 21 FOUNTAIN LANE |
| 18 Aug 2022 | £124,161 | £125,000 | 18 JAMES HUXLEY AVENUE |
| 1 Aug 2022 | £620,805 | £625,000 | 452 TONBRIDGE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Jun 2014. Using an estimated price of £341,667 means this house is valued at £4,218 per sq meter (£391 per sq foot).
The average size of a house on FOUNTAIN LANE is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Fountain Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fountain Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fountain Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Court |
| Apr 2024 | Drugs | Under investigation | On or near Wood Court |