£423,900
This estimated value is based upon the latest sale price for the house of £332,500 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£332,500 | 28 Jul 2017 |
£244,950 | 28 Jun 2010 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,298 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 2017 the House Price Index for KENT was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £332,500 results in an estimated price of approximately £423,900.
28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £332,500 | £91,400 | £423,900 |
The Postcode Pricing Model uses changes in average sales price within the ME15 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 | 57.654 % | £191,700 | £524,200 |
3 Month Average | 19.531 % | £64,941 | £397,441 |
6 Month Average | 23.338 % | £77,599 | £410,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £363,177 | £360,000 | 16 TRINITY WAY |
30 Mar 2023 | £368,471 | £365,000 | 32 DARWIN AVENUE |
27 Jan 2023 | £388,171 | £390,000 | 7 DARWIN AVENUE |
25 Mar 2022 | £334,195 | £322,500 | 1 DARWIN AVENUE |
14 Mar 2022 | £155,439 | £150,000 | 18 TRINITY WAY |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 22 Jun 2010. Using an estimated price of £423,901 means this house is valued at £3,513 per sq meter (£326 per sq foot).
The average size of a house on DARWIN AVENUE is 115 sq meters (1,246 sq feet).