£124,561
This estimated value is based upon the latest sale price for the house of £90,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £90,000 | 11 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 December 2015 the House Price Index for KENT was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £90,000 results in an estimated price of approximately £124,561.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £90,000 | £34,561 | £124,561 |
The Postcode Pricing Model uses changes in average sales price within the CT12 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 | 44.532 % | £40,078 | £130,078 |
| 3 Month Average | 43.268 % | £38,941 | £128,941 |
| 6 Month Average | 57.828 % | £52,045 | £142,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £187,976 | £190,000 | FLAT 3 1 SADDLERS MEWS |
| 13 Sep 2022 | £297,597 | £300,000 | 17 BENGAL ROAD |
| 14 Jul 2022 | £189,009 | £188,500 | 13 QUETTA ROAD |
| 11 Apr 2022 | £272,897 | £265,000 | 52 ST JOHNS AVENUE |
| 18 Mar 2022 | £251,294 | £242,500 | 2 BRIDLE MEWS |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 1 Oct 2015. Using an estimated price of £124,561 means this house is valued at £2,350 per sq meter (£218 per sq foot).
The average size of a house on QUETTA ROAD is 90 sq meters (969 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).