£428,750
This estimated value is based upon the latest sale price for the house of £425,000 on 1 Aug 2023. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Julian Smith Lane
More crime details
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Price Paid | Date |
---|---|
£425,000 | 1 Aug 2023 |
£314,950 | 31 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 August 2023 the House Price Index for KENT was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £425,000 results in an estimated price of approximately £428,750.
1 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £425,000 | £3,750 | £428,750 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | -11.272 % | £-47,906 | £377,093 |
3 Month Average | 13.430 % | £57,077 | £482,077 |
6 Month Average | 2.992 % | £12,715 | £437,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £428,751 | £425,000 | 2 JULIAN SMITH LANE |
26 Aug 2022 | £216,417 | £217,000 | 22 FOREST AVENUE |
19 Aug 2022 | £426,851 | £428,000 | 5 JOHN WELLS MEWS |
16 Jun 2022 | £215,546 | £212,500 | 26 FOREST AVENUE |
26 May 2022 | £214,033 | £210,000 | 18 FOREST AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 18 Aug 2017. Using an estimated price of £428,751 means this house is valued at £3,272 per sq meter (£304 per sq foot).
The average size of a house on JULIAN SMITH LANE is 193 sq meters (2,077 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Julian Smith Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Amoore Lane |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rupert Turrall Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Haselden Crescent |