£50,973
This estimated value is based upon the latest sale price for the house of £30,000 on 1 Mar 2010. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £30,000 | 1 Mar 2010 |
| £7,500 | 11 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 279 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 2010 the House Price Index for KENT was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £30,000 results in an estimated price of approximately £50,973.
| 1 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £30,000 | £20,973 | £50,973 |
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 | 209.409 % | £62,822 | £92,822 |
| 3 Month Average | 74.832 % | £22,449 | £52,449 |
| 6 Month Average | 72.049 % | £21,614 | £51,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £60,648 | £59,750 | 57 PAVILION COURT MARINE TERRACE |
| 25 Aug 2023 | £66,582 | £66,000 | 47 PAVILION COURT MARINE TERRACE |
| 14 Jul 2023 | £70,955 | £70,000 | 61 PAVILION COURT MARINE TERRACE |
| 26 Jun 2023 | £235,351 | £232,500 | FLAT 9 MARTIN NEAME HOUSE, 8 - 9 MARINE PARADE |
| 15 Feb 2023 | £53,464 | £53,500 | 26 PAVILION COURT MARINE TERRACE |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 9 Aug 2019. Using an estimated price of £50,974 means this house is valued at £1,960 per sq meter (£182 per sq foot).
The average size of a house on MARINE TERRACE is 33 sq meters (356 sq feet).