£1,131,728
This estimated value is based upon the latest sale price for the house of £925,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £925,000 | 21 Feb 2020 |
| £437,500 | 9 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2020 the House Price Index for KENT was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £925,000 results in an estimated price of approximately £1,131,728.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £925,000 | £206,728 | £1,131,728 |
The Postcode Pricing Model uses changes in average sales price within the TN4 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 | 30.175 % | £279,116 | £1,204,116 |
| 3 Month Average | 104.122 % | £963,126 | £1,888,126 |
| 6 Month Average | 45.478 % | £420,675 | £1,345,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £824,425 | £810,000 | 32 WILMAN ROAD |
| 14 Jan 2022 | £899,809 | £855,000 | FOUR WINDS NEWLANDS ROAD |
| 4 Nov 2020 | £498,522 | £430,000 | 31 NEWLANDS ROAD |
| 27 Oct 2020 | £823,786 | £702,240 | 2 ALL SAINTS ROAD |
| 24 Aug 2020 | £775,796 | £647,000 | 16 WILMAN ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 26 Nov 2019. Using an estimated price of £1,131,728 means this house is valued at £9,841 per sq meter (£914 per sq foot).
The average size of a house on NEWLANDS ROAD is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlands Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlands Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Michael'S Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Michael'S Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St David'S Road |