£434,712
This estimated value is based upon the latest sale price for the house of £440,000 on 23 Sep 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £440,000 | 23 Sep 2022 |
| £224,000 | 18 Nov 2011 |
| £170,000 | 3 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 835 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 September 2022 the House Price Index for KENT was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £440,000 results in an estimated price of approximately £434,712.
| 23 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £440,000 | £-5,287 | £434,712 |
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 | -9.407 % | £-41,390 | £398,609 |
| 3 Month Average | 3.451 % | £15,184 | £455,184 |
| 6 Month Average | -1.708 % | £-7,516 | £432,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £348,595 | £342,000 | 30 WOLFE ROAD |
| 14 Dec 2023 | £361,846 | £355,000 | 5 WOLFE ROAD |
| 27 Jan 2023 | £397,508 | £401,000 | 66 CHAMBERLAIN AVENUE |
| 9 Jan 2023 | £406,430 | £410,000 | 77 CHAMBERLAIN AVENUE |
| 28 Oct 2022 | £216,778 | £220,000 | 2 GATLAND LANE |
This house has a floor area of 77 sq meters or 835 sq feet when measured on 14 Oct 2010. Using an estimated price of £434,713 means this house is valued at £5,597 per sq meter (£520 per sq foot).
The average size of a house on GATLAND LANE is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burghclere Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burghclere Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chamberlain Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Wolfe Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolfe Road |