£277,020
This estimated value is based upon the latest sale price for the house of £230,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 6 Mar 2020 |
| 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 March 2020 the House Price Index for KENT was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £230,000 results in an estimated price of approximately £277,020.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £230,000 | £47,020 | £277,020 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | -25.619 % | £-58,922 | £171,077 |
| 3 Month Average | -6.676 % | £-15,354 | £214,645 |
| 6 Month Average | -20.655 % | £-47,506 | £182,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £253,757 | £250,000 | 30 OLD PARK AVENUE |
| 5 Apr 2023 | £202,177 | £200,000 | 14 SOUTH STREET |
| 31 Mar 2023 | £267,520 | £265,000 | 15 FORRESTER CLOSE |
| 10 Mar 2023 | £292,758 | £290,000 | 27 OLD PARK AVENUE |
| 16 Feb 2023 | £289,805 | £290,000 | 90 OLD PARK AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 24 Jun 2019. Using an estimated price of £277,020 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on FORRESTER CLOSE is 81 sq meters (875 sq feet).