£447,660
This estimated value is based upon the latest sale price for the house of £264,950 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£264,950 | 26 Apr 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 867 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 April 2013 the House Price Index for KENT was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £264,950 results in an estimated price of approximately £447,660.
26 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.960 % | £264,950 | £182,710 | £447,660 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 48.350 % | £128,103 | £393,053 |
3 Month Average | 43.386 % | £114,950 | £379,900 |
6 Month Average | 29.829 % | £79,031 | £343,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £182,636 | £178,000 | 2 TANNERY SQUARE |
20 Feb 2023 | £261,748 | £260,000 | 13 BACK LANE |
20 Sep 2022 | £449,700 | £450,000 | 2 TANNERY WAY SOUTH |
24 Mar 2022 | £174,859 | £167,500 | 22 DRYING SHED LANE |
1 Dec 2021 | £334,585 | £310,000 | 44 THE ROPE WALK |
This house has a floor area of 80 sq meters or 867 sq feet when measured on 1 Feb 2011. Using an estimated price of £447,661 means this house is valued at £5,556 per sq meter (£516 per sq foot).
The average size of a house on THE ROPE WALK is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Local resolution | On or near Tannery Way South |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Drying Shed Lane |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Drying Shed Lane |