£236,233
This estimated value is based upon the latest sale price for the house of £156,000 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £156,000 | 1 Aug 2014 |
| £115,000 | 24 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 615 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 2014 the House Price Index for KENT was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £156,000 results in an estimated price of approximately £236,233.
| 1 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £156,000 | £80,233 | £236,233 |
The Postcode Pricing Model uses changes in average sales price within the CT12 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 | 57.469 % | £89,650 | £245,650 |
| 3 Month Average | 71.780 % | £111,977 | £267,977 |
| 6 Month Average | 76.645 % | £119,565 | £275,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £182,705 | £180,000 | 9 NEWLANDS ROAD |
| 31 Oct 2022 | £118,722 | £120,000 | 15 NEWLANDS ROAD |
| 22 Aug 2022 | £261,795 | £262,500 | 21 CLEMENTS ROAD |
| 19 Aug 2022 | £254,315 | £255,000 | 134 MARGATE ROAD |
| 16 Mar 2022 | £267,356 | £258,000 | 49 WOODFORD AVENUE |
This house has a floor area of 57 sq meters or 615 sq feet when measured on 13 Dec 2011. Using an estimated price of £236,234 means this house is valued at £4,133 per sq meter (£384 per sq foot).
The average size of a house on NEWLANDS ROAD is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newlands Road | |
| Mar 2024 | Anti-social behaviour | On or near Newlands Road | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Newlands Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Road |
| Feb 2024 | Anti-social behaviour | On or near Newlands Road |