£446,395
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Sep 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£450,000 | 20 Sep 2022 |
£265,000 | 24 Jul 2012 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2022 the House Price Index for KENT was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £450,000 results in an estimated price of approximately £446,395.
20 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 148.6 | -0.801 % | £450,000 | £-3,604 | £446,395 |
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 | -46.606 % | £-209,727 | £240,272 |
3 Month Average | -9.435 % | £-42,457 | £407,542 |
6 Month Average | -25.554 % | £-114,991 | £335,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £259,825 | £260,000 | 13 BACK LANE |
20 Sep 2022 | £446,395 | £450,000 | 2 TANNERY WAY SOUTH |
24 Mar 2022 | £173,574 | £167,500 | 22 DRYING SHED LANE |
1 Dec 2021 | £332,127 | £310,000 | 44 THE ROPE WALK |
17 Nov 2021 | £248,694 | £229,950 | 14 THE ROPE WALK |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 30 Jan 2014. Using an estimated price of £446,395 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on TANNERY WAY SOUTH is 176 sq meters (1,899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Creine Mill Lane South |