£271,488
This estimated value is based upon the latest sale price for the house of £219,000 on 14 Aug 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £219,000 | 14 Aug 2019 |
| £190,000 | 5 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2019 the House Price Index for KENT was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £219,000 results in an estimated price of approximately £271,488.
| 14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £219,000 | £52,488 | £271,488 |
The Postcode Pricing Model uses changes in average sales price within the CT18 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 | 35.604 % | £77,973 | £296,973 |
| 3 Month Average | 37.839 % | £82,868 | £301,868 |
| 6 Month Average | 32.428 % | £71,016 | £290,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £400,000 | £400,000 | CASTLECRETE CRETE ROAD EAST |
| 3 May 2024 | £175,000 | £175,000 | 103 HOLYWELL AVENUE |
| 22 Sep 2023 | £240,297 | £235,000 | 87 PILGRIM SPRING |
| 9 Feb 2023 | £151,009 | £150,000 | PLOT A CRETE ROAD EAST |
| 11 Aug 2022 | £145,681 | £145,000 | 107 HOLYWELL AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Apr 2015. Using an estimated price of £271,489 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on CANTERBURY ROAD is 164 sq meters (1,765 sq feet).