£85,546
This estimated value is based upon the latest sale price for the house of £66,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £66,000 | 31 Mar 2017 |
| £40,000 | 9 Mar 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 19 sq meters or 214 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 March 2017 the House Price Index for KENT was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £66,000 results in an estimated price of approximately £85,546.
| 31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £66,000 | £19,546 | £85,546 |
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 | 86.020 % | £56,773 | £122,773 |
| 3 Month Average | 37.078 % | £24,471 | £90,471 |
| 6 Month Average | 14.681 % | £9,689 | £75,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £192,461 | £190,000 | 49A BOWER PLACE |
| 6 Jul 2023 | £217,933 | £215,000 | 37 BOWER LANE |
| 29 Jun 2023 | £275,335 | £272,000 | 9 BOWER LANE |
| 26 Apr 2023 | £255,248 | £252,500 | 15 BOWER PLACE |
| 6 May 2022 | £522,852 | £513,000 | 4 BOWER PLACE |
This house has a floor area of 19 sq meters or 214 sq feet when measured on 3 Nov 2010. Using an estimated price of £85,547 means this house is valued at £4,298 per sq meter (£399 per sq foot).
The average size of a house on BOWER PLACE is 70 sq meters (759 sq feet).
This house is the smallest in the street with a floor area of 19 sq meters (214 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 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |
| Mar 2024 | Other crime | Under investigation | On or near Bower Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bower Lane |