£525,684
This estimated value is based upon the latest sale price for the house of £425,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £425,000 | 10 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2018 the House Price Index for KENT was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £425,000 results in an estimated price of approximately £525,684.
| 10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £425,000 | £100,684 | £525,684 |
The Postcode Pricing Model uses changes in average sales price within the ME6 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 | 48.460 % | £205,954 | £630,954 |
| 3 Month Average | 41.565 % | £176,650 | £601,650 |
| 6 Month Average | 4.768 % | £20,263 | £445,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £283,553 | £280,500 | 41 TOM JOYCE CLOSE |
| 4 Aug 2022 | £369,007 | £370,000 | 2 HAMILTON CLOSE |
| 11 Apr 2022 | £364,549 | £354,000 | 31 HOLLOW LANE |
| 11 Feb 2022 | £367,043 | £350,000 | 81 TOM JOYCE CLOSE |
| 16 Nov 2021 | £313,639 | £290,000 | 3 HAMILTON CLOSE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 7 Mar 2018. Using an estimated price of £525,684 means this house is valued at £3,728 per sq meter (£346 per sq foot).
The average size of a house on HOLLOW LANE is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Close |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pout Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tom Joyce Close |