£344,885
This estimated value is based upon the latest sale price for the house of £237,500 on 16 Jun 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £237,500 | 16 Jun 2015 |
| £95,000 | 7 Apr 2000 |
| £52,750 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 June 2015 the House Price Index for KENT was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £237,500 results in an estimated price of approximately £344,885.
| 16 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £237,500 | £107,385 | £344,885 |
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 | -11.759 % | £-27,927 | £209,572 |
| 3 Month Average | -5.146 % | £-12,222 | £225,277 |
| 6 Month Average | 19.249 % | £45,716 | £283,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £302,648 | £300,000 | 47 AUCKLAND ROAD |
| 29 Jun 2023 | £328,985 | £325,000 | 2 STANHOPE ROAD |
| 18 Nov 2022 | £344,823 | £349,000 | 11 VERNON ROAD |
| 2 Aug 2022 | £413,886 | £415,000 | 21 VERNON ROAD |
| 21 Jul 2022 | £561,512 | £560,000 | 100 ST JAMES ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Mar 2019. Using an estimated price of £344,885 means this house is valued at £5,748 per sq meter (£534 per sq foot).
The average size of a house on STANHOPE ROAD is 91 sq meters (985 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auckland Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanhope Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanhope Road |
| Feb 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Feb 2024 | Anti-social behaviour | On or near Stanhope Road |