£296,739
This estimated value is based upon the latest sale price for the house of £290,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 31 Oct 2023 |
| £290,000 | 23 Oct 2023 |
| £249,995 | 18 Oct 2013 |
| £161,453 | 23 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 October 2023 the House Price Index for KENT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £290,000 results in an estimated price of approximately £296,739.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £290,000 | £6,739 | £296,739 |
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 | 84.475 % | £244,977 | £534,977 |
| 3 Month Average | -3.786 % | £-10,979 | £279,020 |
| 6 Month Average | 16.797 % | £48,712 | £338,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £406,242 | £400,000 | 18 CITY WALL AVENUE |
| 19 Dec 2023 | £175,389 | £170,000 | 10 CITY WALL AVENUE |
| 17 Nov 2023 | £182,636 | £178,000 | 2 TANNERY SQUARE |
| 31 Oct 2023 | £296,740 | £290,000 | 42 THE ROPE WALK |
| 20 Sep 2022 | £449,700 | £450,000 | 2 TANNERY WAY SOUTH |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Sep 2021. Using an estimated price of £296,740 means this house is valued at £3,709 per sq meter (£344 per sq foot).
The average size of a house on THE ROPE WALK is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Creine Mill Lane South |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Creine Mill Lane South |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tannery Way South |