£157,805
This estimated value is based upon the latest sale price for the house of £125,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £125,000 | 23 Mar 2018 |
| £85,000 | 16 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 March 2018 the House Price Index for KENT was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £125,000 results in an estimated price of approximately £157,805.
| 23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £125,000 | £32,805 | £157,805 |
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 | 18.064 % | £22,580 | £147,580 |
| 3 Month Average | 13.507 % | £16,883 | £141,883 |
| 6 Month Average | -3.453 % | £-4,316 | £120,683 |
| 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 |
| 25 Mar 2022 | £270,379 | £259,000 | 39 WOODFORD AVENUE |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 3 Jul 2014. Using an estimated price of £157,806 means this house is valued at £4,641 per sq meter (£431 per sq foot).
The average size of a house on NEWLANDS ROAD is 72 sq meters (775 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 | Violence and sexual offences | Under investigation | On or near Newlands Road |
| Jun 2024 | Other theft | Under investigation | On or near Newlands Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Newlands Road |