£428,711
This estimated value is based upon the latest sale price for the house of £321,000 on 9 Jun 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£321,000 | 9 Jun 2016 |
£219,995 | 27 Jun 2003 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 June 2016 the House Price Index for KENT was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £321,000 results in an estimated price of approximately £428,711.
9 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £321,000 | £107,711 | £428,711 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | 57.347 % | £184,083 | £505,083 |
3 Month Average | 40.733 % | £130,751 | £451,751 |
6 Month Average | 19.864 % | £63,763 | £384,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £253,238 | £250,000 | FLAT 3 YALDING HOUSE MARIGOLD WAY |
17 Jan 2023 | £420,519 | £422,500 | 20 MARIGOLD WAY |
23 Sep 2022 | £238,077 | £240,000 | FLAT 11 KINGSWOOD HOUSE MARIGOLD WAY |
1 Jul 2022 | £220,594 | £220,000 | FLAT 6 KINGSWOOD HOUSE MARIGOLD WAY |
8 Feb 2022 | £419,478 | £400,000 | 45 MARIGOLD WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 24 Dec 2015. Using an estimated price of £428,711 means this house is valued at £3,933 per sq meter (£365 per sq foot).
The average size of a house on MARIGOLD WAY is 88 sq meters (952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near B2246 |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near B2246 |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burdock Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burdock Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burdock Court |