£562,656
This estimated value is based upon the latest sale price for the house of £550,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £550,000 | 11 Mar 2022 |
| £309,950 | 30 May 2008 |
| £250,000 | 27 May 2005 |
| £145,000 | 28 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 2022 the House Price Index for KENT was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £550,000 results in an estimated price of approximately £562,656.
| 11 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £550,000 | £12,656 | £562,656 |
The Postcode Pricing Model uses changes in average sales price within the TN13 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 | -2.891 % | £-15,898 | £534,101 |
| 3 Month Average | -22.863 % | £-125,746 | £424,253 |
| 6 Month Average | -8.804 % | £-48,422 | £501,577 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Jun 2021.
The average size of a house on OAK LANE is 211 sq meters (2,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfields |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourchier Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Rectory Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Soleoak Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Close |