£459,368
This estimated value is based upon the latest sale price for the house of £425,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £425,000 | 24 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 June 2021 the House Price Index for KENT was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £425,000 results in an estimated price of approximately £459,368.
| 24 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £425,000 | £34,368 | £459,368 |
The Postcode Pricing Model uses changes in average sales price within the ME14 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 | 35.799 % | £152,147 | £577,147 |
| 3 Month Average | -4.399 % | £-18,694 | £406,305 |
| 6 Month Average | -11.634 % | £-49,445 | £375,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £188,792 | £184,000 | 73 SAPPHIRE HOUSE CORAL PARK |
| 14 Aug 2023 | £200,618 | £197,000 | 61 SAPPHIRE HOUSE CORAL PARK |
| 19 Apr 2023 | £219,098 | £215,000 | 12 RUBY HOUSE CORAL PARK |
| 22 Mar 2023 | £541,035 | £532,000 | 4 WINDSOR CLOSE |
| 17 Mar 2023 | £213,567 | £210,000 | 6 RUBY HOUSE CORAL PARK |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 Oct 2020. Using an estimated price of £459,368 means this house is valued at £3,960 per sq meter (£367 per sq foot).
The average size of a house on SITTINGBOURNE ROAD is 132 sq meters (1,426 sq feet).