£308,141
This estimated value is based upon the latest sale price for the house of £240,500 on 7 Jun 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £240,500 | 7 Jun 2017 |
| £163,000 | 24 Feb 2012 |
| £106,000 | 6 May 2011 |
| £91,380 | 31 Jan 2005 |
| £29,000 | 26 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 851 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 June 2017 the House Price Index for KENT was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £240,500 results in an estimated price of approximately £308,141.
| 7 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £240,500 | £67,641 | £308,141 |
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 | 79.627 % | £191,502 | £432,002 |
| 3 Month Average | 37.303 % | £89,713 | £330,213 |
| 6 Month Average | 14.467 % | £34,792 | £275,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £275,335 | £272,000 | 9 BOWER LANE |
| 6 Jul 2022 | £305,823 | £305,000 | 12 EVELYN ROAD |
| 27 May 2022 | £267,032 | £262,000 | 8 ST GEORGES SQUARE |
| 12 May 2022 | £312,896 | £307,000 | 16 EVELYN ROAD |
| 6 May 2022 | £522,852 | £513,000 | 4 BOWER PLACE |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 15 Feb 2012. Using an estimated price of £308,142 means this house is valued at £3,896 per sq meter (£361 per sq foot).
The average size of a house on BOWER LANE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Newton Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Evelyn Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |