£789,887
This estimated value is based upon the latest sale price for the house of £151,000 on 11 Apr 1997. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £151,000 | 11 Apr 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for KENT was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £151,000 results in an estimated price of approximately £789,887.
| 11 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.104 % | £151,000 | £638,887 | £789,887 |
The Postcode Pricing Model uses changes in average sales price within the TN12 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 | 263.138 % | £397,338 | £548,338 |
| 3 Month Average | 54.120 % | £81,721 | £232,721 |
| 6 Month Average | 179.779 % | £271,466 | £422,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £323,924 | £320,000 | 2 BUNGALOWS |
| 6 Jun 2023 | £323,924 | £320,000 | 11 MORLEY DRIVE |
| 2 Sep 2022 | £431,515 | £435,000 | 20 MORLEY DRIVE |
| 15 Jun 2022 | £162,294 | £160,000 | FLAT 6 HEATH COURT THE HEATH |
| 3 Mar 2022 | £191,709 | £185,000 | MATRIX HOUSE ORCHARD BUSINESS PARK FURNACE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Furnace Lane |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Furnace Lane |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gibbet Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willard Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |