£240,810
This estimated value is based upon the latest sale price for the house of £193,500 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£193,500 | 25 Jan 2019 |
£140,500 | 28 Sep 2007 |
£90,000 | 1 Aug 2005 |
£72,000 | 3 May 2002 |
£41,000 | 7 Oct 1998 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2019 the House Price Index for KENT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £193,500 results in an estimated price of approximately £240,810.
25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £193,500 | £47,310 | £240,810 |
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 | 30.682 % | £59,369 | £252,869 |
3 Month Average | 21.174 % | £40,972 | £234,472 |
6 Month Average | 20.895 % | £40,431 | £233,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £196,708 | £195,000 | 32 SALMESTONE ROAD |
8 Sep 2022 | £269,820 | £270,000 | 123 RAMSGATE ROAD |
5 May 2022 | £137,584 | £134,000 | 8 COLLEGE ROAD |
10 Jan 2022 | £242,520 | £228,750 | 35 SALMESTONE ROAD |
20 Dec 2021 | £259,034 | £240,000 | 35 COLLEGE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Dec 2018. Using an estimated price of £240,811 means this house is valued at £3,087 per sq meter (£286 per sq foot).
The average size of a house on SALMESTONE ROAD is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Awaiting court outcome | On or near Salmestone Road |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Salmestone Road |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Salmestone Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salmestone Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Salmestone Road |