£245,035
This estimated value is based upon the latest sale price for the house of £100,000 on 28 Feb 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £100,000 | 28 Feb 2003 |
| Detached |
| Freehold |
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 February 2003 the House Price Index for KENT was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £100,000 results in an estimated price of approximately £245,035.
| 28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £100,000 | £145,035 | £245,035 |
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 | 110.051 % | £110,050 | £210,050 |
| 3 Month Average | 129.610 % | £129,609 | £229,609 |
| 6 Month Average | 151.013 % | £151,013 | £251,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £222,698 | £220,000 | 186 MARGATE ROAD |
| 28 Apr 2023 | £416,484 | £412,000 | 237 MARGATE ROAD |
| 15 Mar 2023 | £257,425 | £255,000 | 170 MARGATE ROAD |
| 9 Feb 2023 | £394,734 | £395,000 | 283 MARGATE ROAD |
| 19 Jan 2023 | £238,536 | £239,660 | 188 MARGATE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near A254 |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |