£146,071
This estimated value is based upon the latest sale price for the house of £107,000 on 11 Feb 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £107,000 | 11 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2016 the House Price Index for KENT was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £107,000 results in an estimated price of approximately £146,071.
| 11 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £107,000 | £39,071 | £146,071 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | 29.248 % | £31,295 | £138,295 |
| 3 Month Average | 26.866 % | £28,746 | £135,746 |
| 6 Month Average | 46.943 % | £50,228 | £157,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £122,068 | £121,000 | FLAT 5 CAPITOL HOUSE, 1 BROAD STREET |
| 31 Jul 2023 | £324,366 | £320,000 | 3A BROAD STREET |
| 23 Feb 2023 | £112,424 | £112,500 | FLAT 1 CAPITOL HOUSE, 1 BROAD STREET |
| 30 Jan 2023 | £149,297 | £150,000 | 46B HARDRES STREET |
| 4 Aug 2022 | £104,718 | £105,000 | FLAT 2 KINGSWOOD HEIGHTS CLEAVER LANE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 10 Oct 2019. Using an estimated price of £146,071 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on CLEAVER LANE is 60 sq meters (653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cleaver Lane | |
| Mar 2024 | Anti-social behaviour | On or near Cleaver Lane | |
| Mar 2024 | Robbery | Under investigation | On or near Broad Street |
| Mar 2024 | Drugs | Under investigation | On or near Broad Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Broad Street |