£298,093
This estimated value is based upon the latest sale price for the house of £241,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £241,000 | 17 Aug 2018 |
| £174,500 | 20 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2018 the House Price Index for KENT was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £241,000 results in an estimated price of approximately £298,093.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £241,000 | £57,093 | £298,093 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 20.272 % | £48,856 | £289,856 |
| 3 Month Average | 12.614 % | £30,399 | £271,399 |
| 6 Month Average | 18.911 % | £45,574 | £286,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £252,416 | £248,000 | APARTMENT 16 38 NICHOLAS HAMMOND CLOSE |
| 4 Jul 2023 | £199,688 | £197,000 | 30 SIR BERNARD PAGET AVENUE |
| 3 Jul 2023 | £339,570 | £335,000 | 28 SIR BERNARD PAGET AVENUE |
| 28 Feb 2023 | £236,841 | £237,000 | 87 SIR JOHN FOGGE AVENUE |
| 24 Feb 2023 | £239,839 | £240,000 | APARTMENT 13 22 NICHOLAS HAMMOND CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Jun 2014. Using an estimated price of £298,094 means this house is valued at £4,198 per sq meter (£390 per sq foot).
The average size of a house on SIR BERNARD PAGET AVENUE is 115 sq meters (1,238 sq feet).