£302,831
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Sep 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 19 Sep 2019 |
| £175,000 | 31 Jul 2013 |
| £172,000 | 22 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2019 the House Price Index for KENT was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £245,000 results in an estimated price of approximately £302,831.
| 19 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £245,000 | £57,831 | £302,831 |
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 | 26.512 % | £64,955 | £309,955 |
| 3 Month Average | -0.773 % | £-1,894 | £243,105 |
| 6 Month Average | 1.002 % | £2,455 | £247,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £365,000 | £365,000 | 30 STOUR STREET |
| 26 Apr 2024 | £277,409 | £275,000 | 12 ST EDMUNDS ROAD |
| 21 Mar 2024 | £228,511 | £225,000 | 12 MULBERRY COURT |
| 6 Oct 2023 | £168,835 | £165,000 | 9 MULBERRY COURT |
| 25 Aug 2023 | £81,469 | £80,000 | 17 MULBERRY COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Greyfriars Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Water Lane |
| Aug 2024 | Public order | Under investigation | On or near Water Lane |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Water Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Hospital Lane |