£60,687
This estimated value is based upon the latest sale price for the house of £41,000 on 23 Apr 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£41,000 | 23 Apr 2015 |
£14,000 | 27 Mar 2000 |
£13,000 | 4 Nov 1997 |
£15,000 | 20 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 April 2015 the House Price Index for KENT was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £41,000 results in an estimated price of approximately £60,687.
23 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £41,000 | £19,687 | £60,687 |
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 | 40.514 % | £16,610 | £57,610 |
3 Month Average | 79.322 % | £32,522 | £73,522 |
6 Month Average | 65.535 % | £26,869 | £67,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £138,137 | £135,000 | FLAT 5 34 - 36 SURREY ROAD |
21 Jun 2023 | £82,452 | £80,800 | FLAT 7 12 SURREY ROAD |
31 Mar 2023 | £119,496 | £117,500 | FLAT 6 14 SURREY ROAD |
3 Feb 2023 | £100,672 | £100,000 | FLAT 1 17 NORFOLK ROAD |
23 Nov 2021 | £92,609 | £85,000 | 38 - 40 SURREY ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 27 Sep 2021. Using an estimated price of £60,687 means this house is valued at £1,480 per sq meter (£137 per sq foot).
The average size of a house on SURREY ROAD is 76 sq meters (819 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).