£446,395
This estimated value is based upon the latest sale price for the house of £450,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £450,000 | 2 Sep 2022 |
| £185,000 | 16 Apr 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,646 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 September 2022 the House Price Index for KENT was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £450,000 results in an estimated price of approximately £446,395.
| 2 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £450,000 | £-3,604 | £446,395 |
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 | -37.238 % | £-167,568 | £282,431 |
| 3 Month Average | -23.591 % | £-106,158 | £343,841 |
| 6 Month Average | -18.092 % | £-81,413 | £368,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £393,383 | £386,500 | FLAT 1 7 - 8 CLARENDON ROAD |
| 1 Dec 2023 | £143,511 | £141,000 | 48A MADEIRA ROAD |
| 28 Sep 2023 | £319,080 | £315,000 | 48 MADEIRA ROAD |
| 16 Jun 2023 | £794,625 | £785,000 | 50 MADEIRA ROAD |
| 21 Apr 2023 | £581,259 | £575,000 | 32 MADEIRA ROAD |
This house has a floor area of 152 sq meters or 1,646 sq feet when measured on 3 Oct 2009. Using an estimated price of £446,395 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on DANE ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Madeira Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeira Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Madeira Road |