£466,982
This estimated value is based upon the latest sale price for the house of £375,000 on 10 May 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 10 May 2019 |
| Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2019 the House Price Index for KENT was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £375,000 results in an estimated price of approximately £466,982.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £375,000 | £91,982 | £466,982 |
The Postcode Pricing Model uses changes in average sales price within the CT16 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 | 33.633 % | £126,123 | £501,123 |
| 3 Month Average | 23.955 % | £89,832 | £464,832 |
| 6 Month Average | 29.457 % | £110,462 | £485,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £290,000 | £290,000 | 5 THE PADDOCK |
| 4 Apr 2024 | £151,314 | £150,000 | 28 QUEENS GARDENS |
| 1 Nov 2023 | £209,313 | £204,000 | 36 BIGGIN STREET |
| 24 Aug 2023 | £57,029 | £56,000 | FLAT 9 THE METROPOLE NEW STREET |
| 10 Aug 2023 | £461,320 | £453,000 | 76 - 78 PENCESTER ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 Mar 2019. Using an estimated price of £466,983 means this house is valued at £9,728 per sq meter (£903 per sq foot).