£425,734
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 7 Sep 2012 |
| £235,000 | 25 Oct 2010 |
| £222,000 | 12 Dec 2006 |
| £175,000 | 24 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2012 the House Price Index for KENT was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £250,000 results in an estimated price of approximately £425,734.
| 7 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £250,000 | £175,734 | £425,734 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 28.893 % | £72,232 | £322,232 |
| 3 Month Average | 39.071 % | £97,678 | £347,678 |
| 6 Month Average | 11.628 % | £29,069 | £279,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £272,264 | £267,500 | 39 IVY LANE |
| 14 Sep 2023 | £316,547 | £312,500 | 10 ST PAULS TERRACE |
| 16 Jun 2023 | £5,162,534 | £5,100,000 | ROCHESTER HOUSE ST GEORGES PLACE |
| 1 Jun 2023 | £308,740 | £305,000 | 12 LOVE LANE |
| 25 Nov 2022 | £281,589 | £285,000 | 40A IVY LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 Nov 2019. Using an estimated price of £425,734 means this house is valued at £4,529 per sq meter (£420 per sq foot).
The average size of a house on LOVE LANE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Love Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivy Lane |
| Feb 2024 | Drugs | Local resolution | On or near Ivy Lane |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ivy Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Pauls Terrace |