£398,676
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 October 2017 the House Price Index for KENT was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £320,000 results in an estimated price of approximately £398,676.
| 6 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £320,000 | £78,676 | £398,676 |
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 | -3.998 % | £-12,792 | £307,207 |
| 3 Month Average | 17.386 % | £55,634 | £375,634 |
| 6 Month Average | -11.828 % | £-37,850 | £282,149 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 30 Jan 2014.
The average size of a house on BACK LANE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Tannery Way North |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tannery Way North |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Tannery Way North |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Watling Street |
| Jan 2024 | Anti-social behaviour | On or near Old Watling Street |