£510,838
This estimated value is based upon the latest sale price for the house of £350,000 on 19 May 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £350,000 | 19 May 2015 |
| £235,000 | 17 Mar 2005 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2015 the House Price Index for KENT was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £350,000 results in an estimated price of approximately £510,838.
| 19 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £350,000 | £160,838 | £510,838 |
The Postcode Pricing Model uses changes in average sales price within the TN17 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 | 35.737 % | £125,078 | £475,078 |
| 3 Month Average | 15.626 % | £54,692 | £404,692 |
| 6 Month Average | 57.995 % | £202,981 | £552,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £286,238 | £282,000 | 4 STATION COTTAGES |
| 11 Sep 2023 | £329,209 | £325,000 | 2 ROSENDALE |
| 10 Feb 2023 | £224,849 | £225,000 | CHERRY TREES HAWKHURST ROAD |
| 13 Jan 2023 | £310,537 | £312,000 | 2 STATION COTTAGES |
| 28 Jun 2022 | £580,707 | £572,500 | WEST WEALD HOUSE HAWKHURST ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Mar 2014. Using an estimated price of £510,839 means this house is valued at £6,634 per sq meter (£616 per sq foot).
The average size of a house on PARK LANE is 194 sq meters (2,088 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Lane |
| Mar 2024 | Public order | Under investigation | On or near Bishops Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Slip Mill Road |