£244,795
This estimated value is based upon the latest sale price for the house of £178,000 on 11 Feb 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£178,000 | 11 Feb 2016 |
£140,000 | 15 Nov 2006 |
£129,500 | 21 Jul 2004 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 620 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 February 2016 the House Price Index for KENT was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £178,000 results in an estimated price of approximately £244,795.
11 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £178,000 | £66,795 | £244,795 |
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 | 43.390 % | £77,233 | £255,233 |
3 Month Average | 32.185 % | £57,289 | £235,289 |
6 Month Average | 40.479 % | £72,051 | £250,051 |
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 620 sq feet when measured on 6 Mar 2012. Using an estimated price of £244,796 means this house is valued at £4,248 per sq meter (£394 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 |