£267,888
This estimated value is based upon the latest sale price for the house of £111,000 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£111,000 | 4 Apr 2003 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 April 2003 the House Price Index for KENT was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £111,000 results in an estimated price of approximately £267,888.
4 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 149.7 | 141.341 % | £111,000 | £156,888 | £267,888 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | 212.878 % | £236,294 | £347,294 |
3 Month Average | 183.178 % | £203,327 | £314,327 |
6 Month Average | 94.098 % | £104,448 | £215,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £340,000 | £340,000 | 40 QUARRY ROAD |
8 Dec 2023 | £237,291 | £230,000 | 40 LAKE COURT MEDWAY DRIVE |
16 Nov 2023 | £225,730 | £220,000 | 32 LAKE COURT MEDWAY DRIVE |
7 Sep 2023 | £253,079 | £247,500 | 7 LAKE COURT MEDWAY DRIVE |
23 Nov 2022 | £248,836 | £250,000 | 23 LAKE COURT MEDWAY DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 16 Jun 2018. Using an estimated price of £267,889 means this house is valued at £4,783 per sq meter (£444 per sq foot).
The average size of a house on QUARRY ROAD is 65 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Medway Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medway Road |
May 2024 | Anti-social behaviour | On or near Stratford Street | |
May 2024 | Anti-social behaviour | On or near Stratford Street |