£268,710
This estimated value is based upon the latest sale price for the house of £162,500 on 20 Aug 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £162,500 | 20 Aug 2013 |
| £147,000 | 20 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 798 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 2013 the House Price Index for KENT was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £162,500 results in an estimated price of approximately £268,710.
| 20 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £162,500 | £106,210 | £268,710 |
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 | 72.855 % | £118,389 | £280,889 |
| 3 Month Average | 76.118 % | £123,691 | £286,191 |
| 6 Month Average | 95.455 % | £155,113 | £317,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £250,000 | £250,000 | 377 MARGATE ROAD |
| 1 Dec 2023 | £290,075 | £285,000 | 3 COXES LANE |
| 28 Sep 2023 | £230,446 | £227,500 | 358 MARGATE ROAD |
| 25 Aug 2023 | £302,648 | £300,000 | 393 MARGATE ROAD |
| 26 Oct 2020 | £305,002 | £260,000 | 34 MARROSE AVENUE |
This house has a floor area of 74 sq meters or 798 sq feet when measured on 18 Mar 2010. Using an estimated price of £268,710 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windmill Avenue |
| Mar 2024 | Drugs | Local resolution | On or near Millfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Highfield Close |