£207,225
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 23 Apr 2015 |
| £115,000 | 17 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £140,000 results in an estimated price of approximately £207,225.
| 23 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £140,000 | £67,225 | £207,225 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 82.562 % | £115,587 | £255,587 |
| 3 Month Average | 64.086 % | £89,720 | £229,720 |
| 6 Month Average | 53.364 % | £74,710 | £214,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £172,653 | £170,000 | 33 TONBRIDGE ROAD |
| 6 Sep 2023 | £235,184 | £230,000 | 100 TONBRIDGE ROAD |
| 28 Oct 2022 | £279,068 | £280,000 | 280 LONDON ROAD |
| 22 Aug 2022 | £221,034 | £220,000 | 17 BURNHAM ROAD |
| 1 Jun 2022 | £225,827 | £221,000 | 18 TONBRIDGE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Feb 2013. Using an estimated price of £207,225 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on LONDON ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near London Road |
| Oct 2024 | Robbery | Awaiting court outcome | On or near London Road |
| Oct 2024 | Robbery | Under investigation | On or near London Road |
| Sep 2024 | Anti-social behaviour | On or near London Road | |
| Sep 2024 | Anti-social behaviour | On or near London Road |