£248,377
This estimated value is based upon the latest sale price for the house of £93,500 on 18 Oct 2002. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £93,500 | 18 Oct 2002 |
| £66,500 | 31 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2002 the House Price Index for KENT was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £93,500 results in an estimated price of approximately £248,377.
| 18 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £93,500 | £154,877 | £248,377 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 141.475 % | £132,278 | £225,778 |
| 3 Month Average | 138.611 % | £129,600 | £223,100 |
| 6 Month Average | 145.696 % | £136,225 | £229,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £322,803 | £320,000 | 14 SOUTHBOURNE |
| 4 Apr 2024 | £262,278 | £260,000 | 10 GREEN LANE |
| 29 Nov 2023 | £256,511 | £250,000 | 31 SOUTHBOURNE |
| 2 Aug 2023 | £257,138 | £252,500 | 35 GREEN LANE |
| 30 Jun 2023 | £367,362 | £360,000 | 13 BARGATES |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 18 Jul 2017. Using an estimated price of £248,378 means this house is valued at £4,357 per sq meter (£404 per sq foot).
The average size of a house on GREEN LANE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Southbourne | |
| Jul 2024 | Anti-social behaviour | On or near Southbourne | |
| Jul 2024 | Anti-social behaviour | On or near Southbourne | |
| Jul 2024 | Anti-social behaviour | On or near Southbourne | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Speldhurst Close |