£390,363
This estimated value is based upon the latest sale price for the house of £289,000 on 4 Mar 2016. This value is then adjusted by the current Official House Price Index for KENT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £289,000 | 4 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2016 the House Price Index for KENT was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £289,000 results in an estimated price of approximately £390,363.
| 4 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £289,000 | £101,363 | £390,363 |
The Postcode Pricing Model uses changes in average sales price within the TN24 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 | 23.610 % | £68,232 | £357,232 |
| 3 Month Average | 46.395 % | £134,080 | £423,080 |
| 6 Month Average | 28.752 % | £83,093 | £372,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £107,373 | £106,000 | FLAT 6 THE PANORAMA PARK STREET |
| 6 Jan 2022 | £121,027 | £115,000 | FLAT 90 THE PANORAMA PARK STREET |
| 28 Oct 2020 | £129,039 | £110,000 | FLAT 194 THE PANORAMA PARK STREET |
| 27 Aug 2020 | £2,158,319 | £1,800,000 | GROUND FLOOR PREMISES THE PANORAMA PARK STREET |
| 21 Feb 2020 | £137,031 | £112,000 | FLAT 209 THE PANORAMA PARK STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Nov 2019. Using an estimated price of £390,363 means this house is valued at £6,970 per sq meter (£647 per sq foot).
The average size of a house on PARK STREET is 57 sq meters (620 sq feet).