£336,342
This estimated value is based upon the latest sale price for the house of £216,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £216,000 | 4 Apr 2014 |
| £182,000 | 31 Aug 2005 |
| £145,000 | 19 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,249 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 2014 the House Price Index for KENT was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £216,000 results in an estimated price of approximately £336,342.
| 4 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £216,000 | £120,342 | £336,342 |
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 | 82.877 % | £179,014 | £395,014 |
| 3 Month Average | 87.593 % | £189,201 | £405,201 |
| 6 Month Average | 47.861 % | £103,380 | £319,380 |
| 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 |
| 26 Apr 2023 | £255,248 | £252,500 | 15 BOWER PLACE |
| 10 Oct 2022 | £682,650 | £690,000 | 5 HEVER GARDENS |
| 6 May 2022 | £522,852 | £513,000 | 4 BOWER PLACE |
This house has a floor area of 116 sq meters or 1,249 sq feet when measured on 25 Mar 2010. Using an estimated price of £336,342 means this house is valued at £2,898 per sq meter (£269 per sq foot).
The average size of a house on BOWER LANE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bower Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bower Lane |