£355,871
This estimated value is based upon the latest sale price for the house of £179,995 on 18 Jun 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £179,995 | 18 Jun 2004 |
| £70,000 | 19 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2004 the House Price Index for KENT was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £179,995 results in an estimated price of approximately £355,871.
| 18 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £179,995 | £175,876 | £355,871 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | 114.246 % | £205,637 | £385,632 |
| 3 Month Average | 90.594 % | £163,064 | £343,059 |
| 6 Month Average | 125.635 % | £226,137 | £406,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £337,957 | £335,000 | 57B ALBERT STREET |
| 19 Apr 2023 | £341,173 | £337,500 | 43 ALBERT STREET |
| 25 Aug 2022 | £204,450 | £205,000 | 2 IVY LANE |
| 28 Mar 2022 | £391,189 | £377,500 | 59 ADDINGTON STREET |
| 7 Feb 2022 | £272,661 | £260,000 | 4 SPENCER STREET |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 4 Aug 2015. Using an estimated price of £355,871 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on ALBERT STREET is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Hertford Street |