This estimated value is based upon the latest sale price for the house of £750,500 on 30 May 2013. This value is then adjusted by the current Official House Price Index for KENT1
There has been one burglary within the last year on or near Bullfinch Lane
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|£750,500||30 May 2013|
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 May 2013 the House Price Index for KENT was 86.4.The House Price Index as of 1 Jun 2016 is 116.6 which is a change of 34.967%.
Applying this 34.967% change to the original purchase price of £750,500 gives us an estimated price now of around £1,012,929.
|30 May 2013||1 Jun 2016||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the TN13 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||60.638 %||£455,088||£1,205,588|
|3 Month Average||27.501 %||£206,393||£956,893|
|6 Month Average||18.209 %||£136,658||£887,158|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In May 2013 the average sale price for the 50 nearest sales within three miles of 25 BULLFINCH LANE was £396,097.
In July 2016 the average sale price for the 24 nearest sales was £514,682. This is a change of 29.938%.
So taking the original purchase price of £750,500 and adjusting it by 29.938% gives an estimated price of £975,187.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 30 May 2013||Average price on 29 Jul 2016||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|29 Mar 2016||£596,736||£577,000||62 CHIPSTEAD LANE|
|23 Mar 2016||£387,827||£375,000||34 CHIPSTEAD LANE|
|11 Dec 2015||£1,122,017||£1,050,000||HIGH BANK BADEN POWELL ROAD|
|10 Dec 2015||£593,066||£555,000||4A ORCHARD ROAD|
|4 Dec 2015||£528,951||£495,000||64 CHIPSTEAD LANE|
|Jun 2016||Burglary||Investigation complete; no suspect identified||On or near Bullfinch Lane|
|Jul 2016||Burglary||Investigation complete; no suspect identified||On or near Baden Powell Road|
|Jul 2016||Violence and sexual offences||Under investigation||On or near Hamlin Road|
|Jun 2016||Burglary||Investigation complete; no suspect identified||On or near Chesterfield Drive|
|Jun 2016||Anti-social behaviour||On or near London Road|