£416,035
This estimated value is based upon the latest sale price for the house of £320,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £320,000 | 24 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 February 2017 the House Price Index for KENT was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £320,000 results in an estimated price of approximately £416,035.
| 24 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £320,000 | £96,035 | £416,035 |
The Postcode Pricing Model uses changes in average sales price within the CT14 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 | 28.946 % | £92,626 | £412,626 |
| 3 Month Average | 29.713 % | £95,081 | £415,081 |
| 6 Month Average | 36.506 % | £116,818 | £436,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £175,121 | £173,000 | 1 FINCH MEWS |
| 18 Jan 2023 | £169,203 | £170,000 | 12 CHATER COURT |
| 23 Sep 2022 | £491,035 | £495,000 | 30 RAVENSCOURT ROAD |
| 28 Jul 2022 | £170,559 | £170,100 | 4 DREW LANE |
| 28 Mar 2022 | £274,610 | £265,000 | 36 RAVENSCOURT ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 26 Oct 2016. Using an estimated price of £416,035 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on DREW LANE is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Chater Close | |
| Jan 2024 | Anti-social behaviour | On or near Chater Close | |
| Jan 2024 | Anti-social behaviour | On or near Chater Close | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Ravenscourt Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |