£475,281
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Dec 2009. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 4 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 December 2009 the House Price Index for KENT was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £275,000 results in an estimated price of approximately £475,281.
| 4 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £275,000 | £200,281 | £475,281 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 114.974 % | £316,177 | £591,177 |
| 3 Month Average | 93.914 % | £258,262 | £533,262 |
| 6 Month Average | 76.620 % | £210,705 | £485,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £432,569 | £425,000 | 2 BOSMAN CLOSE |
| 21 Aug 2023 | £348,045 | £345,000 | 80 FARLEIGH LANE |
| 9 Mar 2023 | £408,852 | £405,000 | 130 GLEBE LANE |
| 13 Jan 2023 | £333,429 | £335,000 | 60 FARLEIGH LANE |
| 29 Jul 2022 | £180,486 | £180,000 | 69 FARLEIGH COURT FARLEIGH LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Jan 2009. Using an estimated price of £475,282 means this house is valued at £7,921 per sq meter (£735 per sq foot).
The average size of a house on GLEBE LANE is 93 sq meters (1,001 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Dec 2023 | Drugs | Local resolution | On or near Rectory Lane |