£413,235
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 23 Mar 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 752 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 March 2012 the House Price Index for KENT was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £240,000 results in an estimated price of approximately £413,235.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £240,000 | £173,235 | £413,235 |
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 | 90.668 % | £217,602 | £457,602 |
| 3 Month Average | 50.556 % | £121,334 | £361,334 |
| 6 Month Average | 40.790 % | £97,895 | £337,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £182,636 | £178,000 | 2 TANNERY SQUARE |
| 20 Feb 2023 | £261,748 | £260,000 | 13 BACK LANE |
| 20 Sep 2022 | £449,700 | £450,000 | 2 TANNERY WAY SOUTH |
| 24 Mar 2022 | £174,859 | £167,500 | 22 DRYING SHED LANE |
| 1 Dec 2021 | £334,585 | £310,000 | 44 THE ROPE WALK |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 9 Dec 2010. Using an estimated price of £413,236 means this house is valued at £5,910 per sq meter (£549 per sq foot).
The average size of a house on THE ROPE WALK is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tannery Way South |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Drying Shed Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Drying Shed Lane |