£360,103
This estimated value is based upon the latest sale price for the house of £210,000 on 12 Jul 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £210,000 | 12 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2012 the House Price Index for KENT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £210,000 results in an estimated price of approximately £360,103.
| 12 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £210,000 | £150,103 | £360,103 |
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 | 131.002 % | £275,105 | £485,105 |
| 3 Month Average | 108.941 % | £228,775 | £438,775 |
| 6 Month Average | 71.572 % | £150,302 | £360,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £184,688 | £180,000 | 9 NEWLANDS ROAD |
| 31 Oct 2022 | £119,601 | £120,000 | 15 NEWLANDS ROAD |
| 22 Aug 2022 | £263,733 | £262,500 | 21 CLEMENTS ROAD |
| 19 Aug 2022 | £256,198 | £255,000 | 134 MARGATE ROAD |
| 12 Aug 2022 | £120,564 | £120,000 | 6 ELIZABETH KEMP COURT WHITEHALL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Mar 2013. Using an estimated price of £360,104 means this house is valued at £4,046 per sq meter (£375 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Newlands Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Newlands Road |
| Jun 2024 | Other theft | Under investigation | On or near Newlands Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Newlands Road |