£246,177
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£195,000 | 29 Mar 2018 |
£161,000 | 25 Nov 2010 |
£165,500 | 27 Oct 2006 |
£142,500 | 14 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 £195,000 results in an estimated price of approximately £246,177.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £195,000 | £51,177 | £246,177 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 70.353 % | £137,187 | £332,187 |
3 Month Average | 6.448 % | £12,574 | £207,574 |
6 Month Average | 3.214 % | £6,267 | £201,267 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £365,000 | £365,000 | 30 STOUR STREET |
26 Apr 2024 | £277,409 | £275,000 | 12 ST EDMUNDS ROAD |
16 Oct 2023 | £501,388 | £490,000 | 47 CASTLE STREET |
6 Oct 2023 | £168,835 | £165,000 | 9 MULBERRY COURT |
24 Feb 2023 | £669,472 | £665,000 | 14 - 16 CASTLE STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 7 Jul 2020. Using an estimated price of £246,177 means this house is valued at £5,351 per sq meter (£497 per sq foot).
The average size of a house on HOSPITAL LANE is 62 sq meters (671 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Hospital Lane |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greyfriars Lane |
Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Greyfriars Lane |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Temple Mews |