£164,681
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £110,000 | 24 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2014 the House Price Index for KENT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £110,000 results in an estimated price of approximately £164,681.
| 24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £110,000 | £54,681 | £164,681 |
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 | 17.424 % | £19,166 | £129,166 |
| 3 Month Average | 41.403 % | £45,543 | £155,543 |
| 6 Month Average | 54.444 % | £59,887 | £169,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £175,600 | £173,000 | 148B GROSVENOR PLACE |
| 1 Nov 2023 | £123,833 | £122,000 | BASEMENT FLAT 128 GROSVENOR PLACE |
| 17 Feb 2023 | £167,387 | £167,500 | FLAT 3 115 GROSVENOR PLACE |
| 9 Nov 2022 | £172,906 | £175,000 | FLAT 2 166 - 168 HIGH STREET |
| 30 Sep 2022 | £223,198 | £225,000 | FLAT 1 115 GROSVENOR PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Sep 2012. Using an estimated price of £164,682 means this house is valued at £2,421 per sq meter (£224 per sq foot).
The average size of a house on PARK PLACE is 74 sq meters (804 sq feet).