£185,006
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 July 2019 the House Price Index for KENT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £150,000 results in an estimated price of approximately £185,006.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £150,000 | £35,006 | £185,006 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | 26.918 % | £40,376 | £190,376 |
| 3 Month Average | 7.525 % | £11,287 | £161,287 |
| 6 Month Average | 23.792 % | £35,688 | £185,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2022 | £233,117 | £235,000 | 2 OLIVE GROVE |
| 29 Jul 2022 | £180,486 | £180,000 | FLAT 1 11 THANET ROAD |
| 26 May 2022 | £222,951 | £218,750 | 5 SYNDALE PLACE |
| 18 Mar 2022 | £170,983 | £165,000 | 5 FROBISHER COURT HERESON ROAD |
| 14 Jan 2022 | £210,482 | £200,000 | 7 MONTEFIORE COTTAGES |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 Jun 2018. Using an estimated price of £185,006 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on THANET ROAD is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Montefiore Cottages |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trinity Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Place |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Trinity Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Trinity Place |