£761,931
This estimated value is based upon the latest sale price for the house of £163,000 on 8 Apr 1998. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £163,000 | 8 Apr 1998 |
| £86,000 | 19 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 April 1998 the House Price Index for KENT was 31.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 367.443%.Applying this 367.443% change to the original purchase price of £163,000 results in an estimated price of approximately £761,931.
| 8 Apr 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 146.7 | 367.443 % | £163,000 | £598,931 | £761,931 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | 231.060 % | £376,628 | £539,628 |
| 3 Month Average | 268.742 % | £438,049 | £601,049 |
| 6 Month Average | 327.776 % | £534,275 | £697,275 |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 16 Mar 2016.
The average size of a house on PROSPECT ROAD is 138 sq meters (1,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near North Street |
| Feb 2024 | Anti-social behaviour | On or near North Street | |
| Feb 2024 | Anti-social behaviour | On or near North Street | |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near North Street |