£462,276
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Sep 2001. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £140,000 | 18 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 992 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 September 2001 the House Price Index for KENT was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £140,000 results in an estimated price of approximately £462,276.
| 18 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £140,000 | £322,276 | £462,276 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | 191.419 % | £267,986 | £407,986 |
| 3 Month Average | 216.214 % | £302,700 | £442,700 |
| 6 Month Average | 127.334 % | £178,267 | £318,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £231,886 | £226,000 | FLAT 5 VALE TOWERS, 58 LONDON ROAD |
| 9 Oct 2023 | £275,252 | £269,000 | 8 WELLS CLOSE CLARENCE ROAD |
| 3 Aug 2023 | £626,296 | £615,000 | FLAT 2 THE RETREAT, 55 LONDON ROAD |
| 9 Jun 2023 | £316,339 | £310,000 | FLAT 7 THE RETREAT, 55 LONDON ROAD |
| 14 Apr 2023 | £315,909 | £310,000 | FLAT 4 THE RETREAT, 55 LONDON ROAD |
This house has a floor area of 92 sq meters or 992 sq feet when measured on 24 Sep 2009. Using an estimated price of £462,276 means this house is valued at £5,016 per sq meter (£466 per sq foot).
The average size of a house on LONDON ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near London Road | |
| Jun 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near Carriage Road | |
| Jul 2024 | Other crime | Under investigation | On or near Carriage Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Clarence Road |