£284,050
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 23 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2018 the House Price Index for KENT was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £225,000 results in an estimated price of approximately £284,050.
| 23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £225,000 | £59,050 | £284,050 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | 5.722 % | £12,875 | £237,875 |
| 3 Month Average | 12.610 % | £28,372 | £253,372 |
| 6 Month Average | 16.290 % | £36,652 | £261,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £361,520 | £355,000 | 37 ERIDGE ROAD |
| 14 Jul 2022 | £121,215 | £120,000 | 17 THE GOODWINS |
| 5 May 2022 | £289,543 | £282,000 | 49 WILLOW TREE ROAD |
| 25 Feb 2022 | £303,203 | £287,000 | 18 WILLOW TREE ROAD |
| 31 Aug 2021 | £132,617 | £118,000 | 16 THE GOODWINS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Jan 2019. Using an estimated price of £284,050 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on WILLOW TREE ROAD is 92 sq meters (998 sq feet).