£329,778
This estimated value is based upon the latest sale price for the house of £330,000 on 9 Feb 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £330,000 | 9 Feb 2023 |
| £187,000 | 24 Mar 2016 |
| £87,500 | 10 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,213 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 2023 the House Price Index for KENT was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £330,000 results in an estimated price of approximately £329,778.
| 9 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £330,000 | £-221 | £329,778 |
The Postcode Pricing Model uses changes in average sales price within the CT7 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 | 40.551 % | £133,817 | £463,817 |
| 3 Month Average | -34.152 % | £-112,702 | £217,297 |
| 6 Month Average | -28.734 % | £-94,820 | £235,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £220,000 | £220,000 | 3 WALNUT TREE CLOSE |
| 6 Apr 2023 | £242,612 | £240,000 | FLAT 6 195 CANTERBURY ROAD |
| 9 Mar 2023 | £333,139 | £330,000 | 16 SEWELL CLOSE |
| 9 Feb 2023 | £329,778 | £330,000 | 5 PARK LANE |
| 9 Sep 2022 | £99,199 | £100,000 | 2 PARK LANE |
This house has a floor area of 112 sq meters or 1,213 sq feet when measured on 4 Oct 2011. Using an estimated price of £329,778 means this house is valued at £2,925 per sq meter (£271 per sq foot).
The average size of a house on PARK LANE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linington Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Linington Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sewell Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sewell Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cornford Road |