£253,531
This estimated value is based upon the latest sale price for the house of £203,700 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £203,700 | 14 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £203,700 results in an estimated price of approximately £253,531.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £203,700 | £49,831 | £253,531 |
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 | 62.221 % | £126,744 | £330,444 |
| 3 Month Average | 32.912 % | £67,041 | £270,741 |
| 6 Month Average | 17.787 % | £36,233 | £239,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £557,119 | £540,000 | 2 PENNY CRESS GARDENS |
| 20 Apr 2023 | £315,909 | £310,000 | 4 OAKWOOD ROAD |
| 8 Mar 2023 | £467,813 | £460,000 | 66 OAKWOOD ROAD |
| 17 Jan 2023 | £249,667 | £249,000 | 226 TONBRIDGE ROAD |
| 8 Jul 2022 | £298,491 | £295,500 | 198 TONBRIDGE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 10 Sep 2012. Using an estimated price of £253,532 means this house is valued at £4,089 per sq meter (£379 per sq foot).
The average size of a house on TONBRIDGE ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penny Cress Gardens |
| Oct 2024 | Anti-social behaviour | On or near Penny Cress Gardens | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Penny Cress Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penny Cress Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Penny Cress Gardens |