£203,846
This estimated value is based upon the latest sale price for the house of £94,000 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £94,000 | 19 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 December 2003 the House Price Index for KENT was 68.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 116.858%.Applying this 116.858% change to the original purchase price of £94,000 results in an estimated price of approximately £203,846.
| 19 Dec 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.0 | 116.858 % | £94,000 | £109,846 | £203,846 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 100.917 % | £94,862 | £188,862 |
| 3 Month Average | 97.787 % | £91,919 | £185,919 |
| 6 Month Average | 90.840 % | £85,389 | £179,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £274,223 | £272,000 | 9 BOWER LANE |
| 6 Jul 2022 | £304,588 | £305,000 | 12 EVELYN ROAD |
| 12 May 2022 | £311,632 | £307,000 | 16 EVELYN ROAD |
| 6 May 2022 | £520,741 | £513,000 | 4 BOWER PLACE |
| 17 Jan 2022 | £299,773 | £286,000 | 9 EVELYN ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 18 Aug 2021. Using an estimated price of £203,847 means this house is valued at £3,920 per sq meter (£364 per sq foot).
The average size of a house on BOWER LANE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Newton Close | |
| Apr 2024 | Public order | Under investigation | On or near Newton Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Close |
| Mar 2024 | Other crime | Under investigation | On or near Bower Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bower Lane |