£305,601
This estimated value is based upon the latest sale price for the house of £246,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £246,000 | 18 May 2018 |
| £199,995 | 26 May 2015 |
| £153,000 | 16 Nov 2007 |
| £97,000 | 11 Sep 2002 |
| £72,000 | 28 Mar 2001 |
| £47,000 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 May 2018 the House Price Index for KENT was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £246,000 results in an estimated price of approximately £305,601.
| 18 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £246,000 | £59,601 | £305,601 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | -25.256 % | £-62,130 | £183,869 |
| 3 Month Average | 1.379 % | £3,392 | £249,392 |
| 6 Month Average | 5.191 % | £12,768 | £258,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £150,918 | £150,000 | 40 BINGLEY CLOSE |
| 13 Jul 2023 | £186,767 | £185,000 | 24 BINGLEY CLOSE |
| 9 Jun 2023 | £317,575 | £315,000 | 15 BINGLEY CLOSE |
| 4 Aug 2022 | £163,893 | £165,000 | 42 BINGLEY CLOSE |
| 23 Aug 2021 | £266,667 | £240,000 | 54 BINGLEY CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 15 Dec 2021. Using an estimated price of £305,602 means this house is valued at £5,457 per sq meter (£506 per sq foot).
The average size of a house on BINGLEY CLOSE is 68 sq meters (735 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bingley Close |
| Apr 2024 | Public order | Under investigation | On or near Bingley Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Roman Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tomlin Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tomlin Close |