This estimated value is based upon the latest sale price for the house of £850,000 on 22 Mar 2010. This value is then adjusted by the current Official House Price Index for KENT1
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|£850,000||22 Mar 2010|
|£770,000||15 Sep 2006|
|£340,000||30 Nov 1995|
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 March 2010 the House Price Index for KENT was 83.6.The House Price Index as of 1 Jun 2019 is 128.1 which is a change of 53.332%.
Applying this 53.332% change to the original purchase price of £850,000 gives us an estimated price now of around £1,303,318.
|22 Mar 2010||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the TN8 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||70.685 %||£600,825||£1,450,825|
|3 Month Average||40.657 %||£345,581||£1,195,581|
|6 Month Average||58.329 %||£495,793||£1,345,793|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In March 2010 the average sale price for the 50 nearest sales within seven miles of LARKINS BARN HAMPKINS HILL ROAD was £353,172.
In December 2019 the average sale price for the 42 nearest sales was £420,921. This is a change of 19.183%.
So taking the original purchase price of £850,000 and adjusting it by 19.183% gives an estimated price of £1,013,057.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 22 Mar 2010||Average price on 26 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|28 Jun 2019||£980,000||£980,000||STONELAKE CAMP HILL|
|26 Apr 2019||£2,123,289||£2,100,000||LARKINS FARMHOUSE HAMPKINS HILL ROAD|
|29 Nov 2018||£583,806||£590,000||TRIANGLE OAST HAMPKINS HILL ROAD|
|26 Nov 2018||£380,958||£385,000||12 DUKES MEADOW|
|23 Nov 2018||£336,431||£340,000||3 SOMERDEN GREEN|