£815,486
This estimated value is based upon the latest sale price for the house of £476,000 on 1 Apr 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £476,000 | 1 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,733 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 April 2011 the House Price Index for KENT was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £476,000 results in an estimated price of approximately £815,486.
| 1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £476,000 | £339,486 | £815,486 |
The Postcode Pricing Model uses changes in average sales price within the CT2 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 | -11.717 % | £-55,772 | £420,227 |
| 3 Month Average | 13.646 % | £64,956 | £540,956 |
| 6 Month Average | 53.177 % | £253,121 | £729,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £161,412 | £160,000 | FLAT 7 HILLTOP HOUSE GLEN IRIS AVENUE |
| 28 Apr 2023 | £309,836 | £306,500 | 8 GLEN IRIS AVENUE |
| 17 Mar 2023 | £537,565 | £532,500 | 15 GLEN IRIS AVENUE |
| 23 Feb 2023 | £965,350 | £966,000 | 9 WOODLAND WAY |
| 1 Feb 2022 | £447,793 | £427,000 | 23 GLEN IRIS AVENUE |
This house has a floor area of 161 sq meters or 1,733 sq feet when measured on 10 Sep 2009. Using an estimated price of £815,487 means this house is valued at £5,062 per sq meter (£470 per sq foot).
The average size of a house on GILES LANE is 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turing Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Turing Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Turing Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodland Way |
| Feb 2024 | Other theft | Under investigation | On or near Woodland Way |