£221,781
This estimated value is based upon the latest sale price for the house of £176,500 on 30 May 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £176,500 | 30 May 2018 |
| £119,995 | 21 May 2010 |
| £113,500 | 8 Apr 2005 |
| £40,500 | 18 Jun 1999 |
| £39,750 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 428 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 May 2018 the House Price Index for KENT was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £176,500 results in an estimated price of approximately £221,781.
| 30 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £176,500 | £45,281 | £221,781 |
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 | 56.454 % | £99,641 | £276,141 |
| 3 Month Average | 28.836 % | £50,896 | £227,396 |
| 6 Month Average | 10.348 % | £18,263 | £194,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £267,321 | £265,000 | 15 SHERBOURNE DRIVE |
| 28 Oct 2022 | £219,268 | £220,000 | 2 GATLAND LANE |
| 26 Aug 2022 | £492,302 | £490,000 | 37 GATLAND LANE |
| 12 Aug 2022 | £284,330 | £283,000 | 15 BURGHCLERE DRIVE |
| 25 May 2022 | £220,751 | £215,000 | 3 SHERBOURNE DRIVE |
This house has a floor area of 39 sq meters or 428 sq feet when measured on 23 Sep 2009. Using an estimated price of £221,781 means this house is valued at £5,572 per sq meter (£517 per sq foot).
The average size of a house on GATLAND LANE is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Burghclere Drive |
| Oct 2024 | Anti-social behaviour | On or near Ridgway | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Ridgway |
| Jul 2024 | Anti-social behaviour | On or near Ridgway | |
| Jul 2024 | Anti-social behaviour | On or near Ridgway |