£728,906
This estimated value is based upon the latest sale price for the house of £510,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £510,000 | 28 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2015 the House Price Index for KENT was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £510,000 results in an estimated price of approximately £728,906.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £510,000 | £218,906 | £728,906 |
The Postcode Pricing Model uses changes in average sales price within the TN4 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 | 13.474 % | £68,716 | £578,716 |
| 3 Month Average | 78.989 % | £402,845 | £912,845 |
| 6 Month Average | 46.859 % | £238,983 | £748,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £759,714 | £750,000 | 51 PENNINGTON PLACE |
| 21 Aug 2023 | £842,369 | £835,000 | 27 COLONELS WAY |
| 8 Jun 2023 | £364,414 | £360,000 | 17 COLONELS WAY |
| 8 Jun 2023 | £1,012,262 | £1,000,000 | 30 PENNINGTON PLACE |
| 26 Aug 2022 | £887,611 | £890,000 | 3 PENNINGTON PLACE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 9 May 2015. Using an estimated price of £728,906 means this house is valued at £6,283 per sq meter (£583 per sq foot).
The average size of a house on PENNINGTON PLACE is 144 sq meters (1,552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valley View |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Ridgewaye |
| Feb 2024 | Robbery | Awaiting court outcome | On or near The Ridgewaye |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Ridgewaye |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhurst Crescent |