£75,327
This estimated value is based upon the latest sale price for the house of £66,000 on 27 Jan 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £66,000 | 27 Jan 2021 |
| £325,000 | 17 Sep 2020 |
| £30,000 | 4 Feb 1997 |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2021 the House Price Index for KENT was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £66,000 results in an estimated price of approximately £75,327.
| 27 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £66,000 | £9,327 | £75,327 |
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 | 24.864 % | £16,410 | £82,410 |
| 3 Month Average | -1.389 % | £-917 | £65,082 |
| 6 Month Average | 8.805 % | £5,811 | £71,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £173,027 | £170,000 | GROUND FLOOR FLAT 2 17 ETHELBERT ROAD |
| 24 Nov 2023 | £152,254 | £150,000 | FLAT 9 8 - 10 ETHELBERT TERRACE |
| 8 Nov 2023 | £119,266 | £117,500 | FLAT 5 SEA COURT THE PASSAGE |
| 11 Aug 2023 | £132,661 | £131,500 | BASEMENT FLAT 7 ETHELBERT TERRACE |
| 3 Apr 2023 | £343,701 | £340,000 | 9 CLIFF TERRACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 31 Oct 2019. Using an estimated price of £75,327 means this house is valued at £792 per sq meter (£73 per sq foot).
The average size of a house on CLIFF TERRACE is 93 sq meters (1,008 sq feet).