£76,960
This estimated value is based upon the latest sale price for the house of £50,000 on 23 Jul 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£50,000 | 23 Jul 2014 |
£29,500 | 10 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 July 2014 the House Price Index for KENT was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £50,000 results in an estimated price of approximately £76,960.
23 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £50,000 | £26,960 | £76,960 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 29.353 % | £14,676 | £64,676 |
3 Month Average | 60.099 % | £30,049 | £80,049 |
6 Month Average | 65.957 % | £32,978 | £82,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £177,506 | £173,000 | 148B GROSVENOR PLACE |
1 Nov 2023 | £125,178 | £122,000 | BASEMENT FLAT 128 GROSVENOR PLACE |
18 Aug 2023 | £173,122 | £170,000 | FLAT 4 126 GROSVENOR PLACE |
17 Feb 2023 | £168,626 | £167,500 | FLAT 3 115 GROSVENOR PLACE |
26 Sep 2022 | £13,991 | £14,000 | FLAT 2-3 126 GROSVENOR PLACE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 18 Dec 2018. Using an estimated price of £76,961 means this house is valued at £1,603 per sq meter (£148 per sq foot).
The average size of a house on GROSVENOR PLACE is 90 sq meters (971 sq feet).