£423,512
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£250,000 | 30 Jul 2010 |
Terraced |
Freehold |
Floor Area: 130 sq meters or 1,399 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 July 2010 the House Price Index for KENT was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £250,000 results in an estimated price of approximately £423,512.
30 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.405 % | £250,000 | £173,512 | £423,512 |
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 | 7.464 % | £18,660 | £268,660 |
3 Month Average | 42.326 % | £105,813 | £355,813 |
6 Month Average | 17.272 % | £43,179 | £293,179 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £180,675 | £178,000 | 2 TANNERY SQUARE |
20 Feb 2023 | £259,825 | £260,000 | 13 BACK LANE |
24 Mar 2022 | £173,574 | £167,500 | 22 DRYING SHED LANE |
30 Nov 2021 | £148,708 | £137,500 | 10 BACK LANE |
12 Nov 2021 | £181,694 | £168,000 | 2 DRYING SHED LANE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 30 Jan 2014. Using an estimated price of £423,513 means this house is valued at £3,257 per sq meter (£302 per sq foot).
The average size of a house on BACK LANE is 73 sq meters (795 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Drying Shed Lane | |
Feb 2024 | Anti-social behaviour | On or near Drying Shed Lane |