£230,143
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Sep 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 Sep 2013 |
| £158,000 | 1 Jun 2007 |
| £71,000 | 4 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2013 the House Price Index for KENT was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £140,000 results in an estimated price of approximately £230,143.
| 16 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £140,000 | £90,143 | £230,143 |
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 | 44.136 % | £61,789 | £201,789 |
| 3 Month Average | 66.140 % | £92,595 | £232,595 |
| 6 Month Average | 88.288 % | £123,602 | £263,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £290,075 | £285,000 | 3 COXES LANE |
| 10 Aug 2023 | £223,959 | £222,000 | 9 CHERRY TREE GARDENS |
| 20 Jan 2023 | £335,918 | £337,500 | 412 MARGATE ROAD |
| 6 Jan 2023 | £205,134 | £206,100 | 425 MARGATE ROAD |
| 4 Oct 2022 | £342,314 | £346,000 | 1 CHERRY TREE GARDENS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Feb 2017. Using an estimated price of £230,143 means this house is valued at £2,615 per sq meter (£242 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Quantock Gardens |
| Mar 2024 | Shoplifting | Under investigation | On or near Quantock Gardens |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Quantock Gardens |
| Mar 2024 | Shoplifting | Under investigation | On or near Quantock Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Quantock Gardens |