£182,591
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Nov 2005. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£100,000 | 11 Nov 2005 |
£165,000 | 21 Jun 2004 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,134 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 November 2005 the House Price Index for KENT was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £100,000 results in an estimated price of approximately £182,591.
11 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £100,000 | £82,591 | £182,591 |
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 | 82.582 % | £82,581 | £182,581 |
3 Month Average | 103.368 % | £103,367 | £203,367 |
6 Month Average | 65.447 % | £65,447 | £165,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £224,499 | £220,000 | 60 CLEMENTS ROAD |
7 Jun 2023 | £224,499 | £220,000 | 186 MARGATE ROAD |
28 Apr 2023 | £419,853 | £412,000 | 237 MARGATE ROAD |
15 Mar 2023 | £259,331 | £255,000 | 170 MARGATE ROAD |
19 Jan 2023 | £240,302 | £239,660 | 188 MARGATE ROAD |
This house has a floor area of 105 sq meters or 1,134 sq feet when measured on 25 Nov 2008. Using an estimated price of £182,592 means this house is valued at £1,732 per sq meter (£160 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 | Under investigation | On or near Piper Gardens |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Piper Gardens |
Jul 2024 | Anti-social behaviour | On or near Piper Gardens | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Piper Gardens |
Jun 2024 | Shoplifting | Under investigation | On or near Piper Gardens |