£125,504
This estimated value is based upon the latest sale price for the house of £100,000 on 8 Jan 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £100,000 | 8 Jan 2018 |
| 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 January 2018 the House Price Index for KENT was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £100,000 results in an estimated price of approximately £125,504.
| 8 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £100,000 | £25,504 | £125,504 |
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 | -2.949 % | £-2,949 | £97,050 |
| 3 Month Average | 6.901 % | £6,901 | £106,901 |
| 6 Month Average | 17.738 % | £17,737 | £117,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £83,119 | £82,000 | FLAT 2 10 ZION PLACE |
| 3 Apr 2023 | £343,701 | £340,000 | 9 CLIFF TERRACE |
| 24 Feb 2023 | £354,761 | £355,000 | 13 ZION PLACE |
| 11 Mar 2022 | £321,241 | £310,000 | 12 PARAGON COURT |
| 10 Feb 2022 | £10,487 | £10,000 | 19 CLIFF TERRACE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 28 Jan 2019. Using an estimated price of £125,504 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on FORT PARAGON is 59 sq meters (639 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fort Paragon |