£1,000,563
This estimated value is based upon the latest sale price for the house of £590,000 on 29 Jun 2010. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £590,000 | 29 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,626 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 June 2010 the House Price Index for KENT was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £590,000 results in an estimated price of approximately £1,000,563.
| 29 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £590,000 | £410,563 | £1,000,563 |
The Postcode Pricing Model uses changes in average sales price within the TN4 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 | 41.620 % | £245,557 | £835,557 |
| 3 Month Average | 142.590 % | £841,280 | £1,431,280 |
| 6 Month Average | 87.451 % | £515,960 | £1,105,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £1,195,283 | £1,180,000 | NONSUCH LAUREL BANK |
| 11 Aug 2023 | £680,957 | £675,000 | 26 CHESTNUT AVENUE |
| 9 Jun 2023 | £1,143,856 | £1,130,000 | 15 CHESTNUT AVENUE |
| 28 Apr 2023 | £348,755 | £345,000 | 55 SOUTHFIELDS WAY |
| 5 Apr 2023 | £348,755 | £345,000 | 28 SOUTHFIELDS WAY |
This house has a floor area of 151 sq meters or 1,626 sq feet when measured on 11 Feb 2010. Using an estimated price of £1,000,563 means this house is valued at £6,620 per sq meter (£615 per sq foot).
The average size of a house on LAUREL BANK is 191 sq meters (2,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Norstead Gardens | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Fairways |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southfields Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southfields Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southfields Way |