£280,981
This estimated value is based upon the latest sale price for the house of £161,500 on 12 May 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £161,500 | 12 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 655 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 2011 the House Price Index for KENT was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £161,500 results in an estimated price of approximately £280,981.
| 12 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £161,500 | £119,481 | £280,981 |
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 | 110.876 % | £179,064 | £340,564 |
| 3 Month Average | 43.839 % | £70,799 | £232,299 |
| 6 Month Average | 44.671 % | £72,143 | £233,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £225,113 | £220,000 | 64 OAKWOOD RISE |
| 29 Sep 2023 | £342,551 | £335,000 | 6 ASHENDEN WALK |
| 23 Jun 2023 | £219,397 | £215,000 | FLAT 2 15 APPLE TREE LANE |
| 3 Apr 2023 | £331,195 | £325,000 | 78 OAKWOOD RISE |
| 22 Feb 2023 | £553,699 | £550,000 | 21 HAZELWOOD CLOSE |
This house has a floor area of 60 sq meters or 655 sq feet when measured on 29 Sep 2010. Using an estimated price of £280,981 means this house is valued at £4,613 per sq meter (£428 per sq foot).
The average size of a house on OAKWOOD RISE is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakwood Rise |
| Jul 2024 | Anti-social behaviour | On or near Longview Way | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Longview Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Longview Way |