£261,223
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Sep 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 7 Sep 2020 |
| £149,000 | 20 Dec 2013 |
| £145,000 | 12 Jul 2006 |
| £82,000 | 19 Apr 2002 |
| £63,000 | 17 Jun 1998 |
| Terraced |
| Freehold |
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 2020 the House Price Index for KENT was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £220,000 results in an estimated price of approximately £261,223.
| 7 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £220,000 | £41,223 | £261,223 |
The Postcode Pricing Model uses changes in average sales price within the CT18 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 | 94.534 % | £207,974 | £427,974 |
| 3 Month Average | 31.184 % | £68,605 | £288,605 |
| 6 Month Average | 12.948 % | £28,485 | £248,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £385,710 | £380,000 | 9 HAVEN DRIVE |
| 3 Feb 2023 | £252,830 | £253,000 | 23 MEGONE CLOSE |
| 26 Aug 2022 | £309,168 | £310,000 | 5 HAVEN DRIVE |
| 7 Jul 2022 | £307,829 | £307,000 | 16 SPENCE CLOSE |
| 17 Jun 2022 | £453,408 | £447,000 | 2 MAYFLY DRIVE |