£331,943
This estimated value is based upon the latest sale price for the house of £300,000 on 27 Oct 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£300,000 | 27 Oct 2021 |
£152,000 | 12 Jan 2011 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2021 the House Price Index for KENT was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £300,000 results in an estimated price of approximately £331,943.
27 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £300,000 | £31,943 | £331,943 |
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 | 4.949 % | £14,847 | £314,847 |
3 Month Average | 9.138 % | £27,412 | £327,412 |
6 Month Average | -25.118 % | £-75,353 | £224,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £272,264 | £267,500 | 39 IVY LANE |
28 Nov 2023 | £314,658 | £310,000 | 7 ALBERT ROAD |
8 Sep 2023 | £327,690 | £323,500 | 7 EDWARD ROAD |
14 Jul 2023 | £314,229 | £310,000 | 12 EDWARD ROAD |
31 Mar 2023 | £782,371 | £775,000 | 27 - 29 NEW DOVER ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 May 2020. Using an estimated price of £331,943 means this house is valued at £3,999 per sq meter (£371 per sq foot).
The average size of a house on ALBERT ROAD is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Edward Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Edward Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Feb 2024 | Bicycle theft | Unable to prosecute suspect | On or near Parking Area |