This estimated value is based upon the latest sale price for the house of £405,000 on 25 May 2007. This value is then adjusted by the current Official House Price Index for KENT1
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|£405,000||25 May 2007|
|£150,000||31 Mar 2006|
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 May 2007 the House Price Index for KENT was 88.2.The House Price Index as of 1 Dec 2019 is 129.6 which is a change of 46.912%.
Applying this 46.912% change to the original purchase price of £405,000 gives us an estimated price now of around £594,993.
|25 May 2007||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the DA13 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||42.747 %||£173,126||£578,126|
|3 Month Average||40.078 %||£162,317||£567,317|
|6 Month Average||57.297 %||£232,054||£637,054|
|Date||Current Estimated Value||Price Paid||Address|
|13 Dec 2019||£550,000||£550,000||CHANG RHODODENDRON AVENUE|
|17 Oct 2019||£627,184||£629,500||ARDLEY RHODODENDRON AVENUE|
|20 Aug 2019||£604,563||£600,000||THE SQUIRRELS RHODODENDRON AVENUE|
|26 Jul 2019||£555,357||£550,000||AMBERWOOD RHODODENDRON AVENUE|
|14 May 2019||£539,984||£530,000||ASHLEY WILSONS WAY|