£311,130
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Aug 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £180,000 | 18 Aug 2011 |
| 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 August 2011 the House Price Index for KENT was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £180,000 results in an estimated price of approximately £311,130.
| 18 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £180,000 | £131,130 | £311,130 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 25.605 % | £46,088 | £226,088 |
| 3 Month Average | 51.810 % | £93,258 | £273,258 |
| 6 Month Average | 17.260 % | £31,067 | £211,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,603 | £90,000 | FLAT 50 HOMESPIRE HOUSE KNOTTS LANE |
| 13 Dec 2023 | £69,211 | £68,000 | FLAT 24 HOMESPIRE HOUSE KNOTTS LANE |
| 21 Sep 2023 | £131,684 | £130,000 | FLAT 23 HOMESPIRE HOUSE KNOTTS LANE |
| 22 Jun 2023 | £75,920 | £75,000 | FLAT 16 HOMESPIRE HOUSE KNOTTS LANE |
| 3 Mar 2023 | £531,003 | £526,000 | 4 KINGS MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Church Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
| Feb 2024 | Anti-social behaviour | On or near Church Lane | |
| Feb 2024 | Anti-social behaviour | On or near Church Lane | |
| Mar 2024 | Shoplifting | Under investigation | On or near Borough |