£129,446
This estimated value is based upon the latest sale price for the house of £123,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£123,000 | 14 Jan 2022 |
£132,000 | 1 Sep 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 30 sq meters or 322 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 January 2022 the House Price Index for KENT was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £123,000 results in an estimated price of approximately £129,446.
14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £123,000 | £6,446 | £129,446 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 5.155 % | £6,340 | £129,340 |
3 Month Average | 13.714 % | £16,868 | £139,868 |
6 Month Average | 11.140 % | £13,702 | £136,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £150,127 | £147,500 | 44 QUEEN STREET |
2 Nov 2023 | £119,773 | £118,000 | FLAT 7 ELWICK HOUSE ELWICK ROAD |
4 Sep 2023 | £283,626 | £280,000 | 23 BANK STREET |
9 Feb 2023 | £323,470 | £325,000 | 33A BANK STREET |
20 Jan 2023 | £308,547 | £310,000 | 13 NORWOOD STREET |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 8 Aug 2017. Using an estimated price of £129,446 means this house is valued at £4,314 per sq meter (£400 per sq foot).
The average size of a house on ELWICK ROAD is 32 sq meters (354 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elwick Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elwick Road |
Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Elwick Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elwick Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Elwick Road |