£744,907
This estimated value is based upon the latest sale price for the house of £635,000 on 27 Oct 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £635,000 | 27 Oct 2020 |
| £580,000 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 October 2020 the House Price Index for KENT was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £635,000 results in an estimated price of approximately £744,907.
| 27 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £635,000 | £109,907 | £744,907 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 29.964 % | £190,268 | £825,268 |
| 3 Month Average | 0.441 % | £2,797 | £637,797 |
| 6 Month Average | 18.251 % | £115,891 | £750,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £435,449 | £437,500 | 193 MILLMEAD ROAD |
| 12 Aug 2022 | £438,819 | £440,000 | 62 ST MICHAELS AVENUE |
| 14 Jun 2022 | £390,519 | £385,000 | 9 MILLMEAD GARDENS |
| 10 Jun 2022 | £497,024 | £490,000 | 1 QUEEN ELIZABETH AVENUE |
| 17 Dec 2021 | £444,622 | £415,000 | 57 ST MICHAELS AVENUE |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 19 Jun 2015. Using an estimated price of £744,908 means this house is valued at £3,800 per sq meter (£353 per sq foot).