£161,527
This estimated value is based upon the latest sale price for the house of £160,000 on 10 Jul 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£160,000 | 10 Jul 2023 |
£135,000 | 13 Jun 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 July 2023 the House Price Index for KENT was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £160,000 results in an estimated price of approximately £161,527.
10 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £160,000 | £1,527 | £161,527 |
The Postcode Pricing Model uses changes in average sales price within the CT20 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 | -51.096 % | £-81,754 | £78,245 |
3 Month Average | -0.544 % | £-871 | £159,128 |
6 Month Average | -1.491 % | £-2,385 | £157,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £196,193 | £195,000 | FLAT 22 MERCHANTS PLACE RENDEZVOUS STREET |
10 Jul 2023 | £161,528 | £160,000 | FLAT 15 MERCHANTS PLACE RENDEZVOUS STREET |
23 Mar 2023 | £127,690 | £127,000 | FLAT 1 19 - 21 RENDEZVOUS STREET |
24 Feb 2023 | £90,572 | £91,000 | FLAT 3 19 - 21 RENDEZVOUS STREET |
15 Feb 2023 | £82,112 | £82,500 | 9 HARVEY PLACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Aug 2019. Using an estimated price of £161,528 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on RENDEZVOUS STREET is 81 sq meters (873 sq feet).