£268,700
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2020 the House Price Index for KENT was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £225,000 results in an estimated price of approximately £268,700.
| 28 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £225,000 | £43,700 | £268,700 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 189.876 % | £427,220 | £652,220 |
| 3 Month Average | 27.810 % | £62,571 | £287,571 |
| 6 Month Average | 22.308 % | £50,192 | £275,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £226,377 | £225,000 | 24 CUCKOO LANE |
| 18 Aug 2023 | £271,652 | £270,000 | 55 WEAVERS WAY |
| 31 Jul 2023 | £353,342 | £350,000 | 10 THE CLOSE |
| 16 Jun 2023 | £231,880 | £230,000 | 44 WEAVERS WAY |
| 1 Jun 2023 | £270,191 | £268,000 | 5 THE LINK |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Jul 2020. Using an estimated price of £268,701 means this house is valued at £3,489 per sq meter (£324 per sq foot).
The average size of a house on WEAVERS WAY is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weavers Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Link |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmwood Road |
| Jan 2024 | Robbery | Under investigation | On or near Holmwood Road |