£183,523
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Feb 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£150,000 | 4 Feb 2020 |
£150,000 | 5 Jun 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 2020 the House Price Index for KENT was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £150,000 results in an estimated price of approximately £183,523.
4 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £150,000 | £33,523 | £183,523 |
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 | 22.768 % | £34,152 | £184,152 |
3 Month Average | -6.195 % | £-9,291 | £140,708 |
6 Month Average | -18.668 % | £-28,002 | £121,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £173,027 | £170,000 | 10 CITY WALL AVENUE |
20 Sep 2022 | £446,395 | £450,000 | 2 TANNERY WAY SOUTH |
24 Mar 2022 | £173,574 | £167,500 | 22 DRYING SHED LANE |
1 Dec 2021 | £332,127 | £310,000 | 44 THE ROPE WALK |
17 Nov 2021 | £248,694 | £229,950 | 14 THE ROPE WALK |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 19 Apr 2017. Using an estimated price of £183,523 means this house is valued at £3,989 per sq meter (£370 per sq foot).
The average size of a house on DRYING SHED LANE is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Creine Mill Lane South |