£371,902
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 2 Aug 2019 |
| £167,800 | 1 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 August 2019 the House Price Index for KENT was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £300,000 results in an estimated price of approximately £371,902.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £300,000 | £71,902 | £371,902 |
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 | 20.259 % | £60,777 | £360,777 |
| 3 Month Average | 26.405 % | £79,214 | £379,214 |
| 6 Month Average | -10.259 % | £-30,775 | £269,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £225,113 | £220,000 | 41 AUCKLAND ROAD |
| 6 Oct 2023 | £240,461 | £235,000 | 28 AUCKLAND ROAD |
| 3 Oct 2023 | £399,064 | £390,000 | 79 ST JAMES ROAD |
| 18 Aug 2023 | £305,510 | £300,000 | 47 AUCKLAND ROAD |
| 29 Jun 2023 | £331,646 | £325,000 | 2 STANHOPE ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Apr 2019. Using an estimated price of £371,902 means this house is valued at £7,017 per sq meter (£651 per sq foot).
The average size of a house on VERNON ROAD is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanhope Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanhope Road |
| Jul 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Stanhope Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanhope Road |