£289,938
This estimated value is based upon the latest sale price for the house of £130,000 on 21 Oct 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£130,000 | 21 Oct 2003 |
£98,000 | 2 Oct 2000 |
Terraced |
Freehold |
Floor Area: 117 sq meters or 1,259 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 2003 the House Price Index for KENT was 66.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 123.029%.Applying this 123.029% change to the original purchase price of £130,000 results in an estimated price of approximately £289,938.
21 Oct 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.0 | 123.029 % | £130,000 | £159,938 | £289,938 |
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 | 113.772 % | £147,903 | £277,903 |
3 Month Average | 102.736 % | £133,556 | £263,556 |
6 Month Average | 93.500 % | £121,550 | £251,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £217,053 | £215,000 | 37 BOWER LANE |
26 Apr 2023 | £254,391 | £252,500 | 15 BOWER PLACE |
10 Oct 2022 | £679,893 | £690,000 | 5 HEVER GARDENS |
6 May 2022 | £520,741 | £513,000 | 4 BOWER PLACE |
1 Feb 2022 | £323,783 | £310,000 | 16 UPPER FANT ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 29 Oct 2018. Using an estimated price of £289,938 means this house is valued at £2,478 per sq meter (£230 per sq foot).
The average size of a house on BOWER LANE is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bower Lane |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bower Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bower Lane |