£344,109
This estimated value is based upon the latest sale price for the house of £342,500 on 10 Aug 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £342,500 | 10 Aug 2022 |
| £193,000 | 5 Jan 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2022 the House Price Index for KENT was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £342,500 results in an estimated price of approximately £344,109.
| 10 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £342,500 | £1,609 | £344,109 |
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 | 13.180 % | £45,141 | £387,641 |
| 3 Month Average | 1.674 % | £5,734 | £348,234 |
| 6 Month Average | -8.369 % | £-28,663 | £313,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £365,000 | £365,000 | 30 STOUR STREET |
| 26 Apr 2024 | £277,409 | £275,000 | 12 ST EDMUNDS ROAD |
| 16 Oct 2023 | £501,388 | £490,000 | 47 CASTLE STREET |
| 6 Oct 2023 | £168,835 | £165,000 | 9 MULBERRY COURT |
| 25 Aug 2023 | £81,469 | £80,000 | 17 MULBERRY COURT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Mar 2020. Using an estimated price of £344,109 means this house is valued at £4,301 per sq meter (£399 per sq foot).
The average size of a house on HOSPITAL LANE is 62 sq meters (671 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Greyfriars Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Hospital Lane |