£387,412
This estimated value is based upon the latest sale price for the house of £315,000 on 11 Sep 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £315,000 | 11 Sep 2018 |
| £197,500 | 13 May 2011 |
| £185,000 | 27 Mar 2009 |
| £219,950 | 31 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,089 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 September 2018 the House Price Index for KENT was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £315,000 results in an estimated price of approximately £387,412.
| 11 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £315,000 | £72,412 | £387,412 |
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 | -61.066 % | £-192,356 | £122,643 |
| 3 Month Average | -17.087 % | £-53,823 | £261,176 |
| 6 Month Average | -9.506 % | £-29,945 | £285,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £256,560 | £255,000 | 18 LAMBE CLOSE |
| 30 Jun 2023 | £238,433 | £236,500 | 35 LAMBE CLOSE |
| 31 Mar 2023 | £263,927 | £262,500 | 10 LAMBE CLOSE |
| 30 Mar 2023 | £268,451 | £267,000 | 26 LAMBE CLOSE |
| 28 Feb 2023 | £272,710 | £274,000 | 25 LAMBE CLOSE |
This house has a floor area of 101 sq meters or 1,089 sq feet when measured on 21 Feb 2010. Using an estimated price of £387,412 means this house is valued at £3,828 per sq meter (£355 per sq foot).
The average size of a house on LAMBE CLOSE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lambe Close |
| Jan 2024 | Other crime | Under investigation | On or near Lambe Close |
| Apr 2024 | Anti-social behaviour | On or near Ladds Lane |