£527,887
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £450,000 | 12 Oct 2020 |
| £425,000 | 20 Mar 2017 |
| Detached |
| Freehold |
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 October 2020 the House Price Index for KENT was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £450,000 results in an estimated price of approximately £527,887.
| 12 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £450,000 | £77,887 | £527,887 |
The Postcode Pricing Model uses changes in average sales price within the ME9 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 | 59.828 % | £269,226 | £719,226 |
| 3 Month Average | 8.937 % | £40,214 | £490,214 |
| 6 Month Average | -3.629 % | £-16,330 | £433,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £544,527 | £535,000 | 1 CHAFFES LANE |
| 21 Sep 2023 | £329,209 | £325,000 | 5 CHURCH FARM ROAD |
| 27 Feb 2023 | £374,748 | £375,000 | 22 OAK LANE |
| 27 Feb 2023 | £284,808 | £285,000 | 28 THE STREET |
| 6 Jun 2022 | £368,203 | £363,000 | 10 CROSIER COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horsham Hill |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Farm Road |
| Apr 2024 | Anti-social behaviour | On or near Bradshaw Close | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oak Lane |