£242,290
This estimated value is based upon the latest sale price for the house of £160,000 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for KENT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,000 | 14 Aug 2014 |
| £154,000 | 31 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 510 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 2014 the House Price Index for KENT was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £160,000 results in an estimated price of approximately £242,290.
| 14 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £160,000 | £82,290 | £242,290 |
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 | 57.469 % | £91,949 | £251,949 |
| 3 Month Average | 71.780 % | £114,848 | £274,848 |
| 6 Month Average | 76.645 % | £122,631 | £282,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £300,000 | £300,000 | 8 CHERRY TREE GARDENS |
| 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 |
This house has a floor area of 47 sq meters or 510 sq feet when measured on 1 Jul 2010. Using an estimated price of £242,291 means this house is valued at £5,112 per sq meter (£474 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (510 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |