£157,746
This estimated value is based upon the latest sale price for the house of £120,000 on 13 Jul 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £120,000 | 13 Jul 2016 |
| £120,000 | 18 Feb 2008 |
| £75,000 | 14 Oct 2002 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £120,000 results in an estimated price of approximately £157,746.
| 13 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £120,000 | £37,746 | £157,746 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 33.450 % | £40,139 | £160,139 |
| 3 Month Average | 8.189 % | £9,826 | £129,826 |
| 6 Month Average | 36.009 % | £43,211 | £163,211 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Jan 2015.
The average size of a house on MADEIRA ROAD is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Madeira Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Madeira Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Madeira Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Clarendon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarendon Road |