£212,968
This estimated value is based upon the latest sale price for the house of £117,500 on 29 Nov 2005. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £117,500 | 29 Nov 2005 |
| £85,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 November 2005 the House Price Index for KENT was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £117,500 results in an estimated price of approximately £212,968.
| 29 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £117,500 | £95,468 | £212,968 |
The Postcode Pricing Model uses changes in average sales price within the TN28 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 | -0.377 % | £-442 | £117,057 |
| 3 Month Average | 55.368 % | £65,057 | £182,557 |
| 6 Month Average | 64.708 % | £76,032 | £193,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £243,274 | £240,000 | 12 WELLS CLOSE |
| 19 Jul 2023 | £122,651 | £121,000 | FLAT 9 BANK HOUSE MOUNTFIELD ROAD |
| 28 Apr 2023 | £232,503 | £230,000 | 10 THE MEADOWS |
| 7 Feb 2023 | £229,845 | £230,000 | 14 WELLS CLOSE |
| 30 Jan 2023 | £264,753 | £266,000 | 5 MOUNTFIELD ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Jul 2012. Using an estimated price of £212,969 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on WELLS CLOSE is 62 sq meters (672 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenly Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Imbert Close |
| Feb 2024 | Anti-social behaviour | On or near Imbert Close | |
| Feb 2024 | Anti-social behaviour | On or near Imbert Close |