£184,940
This estimated value is based upon the latest sale price for the house of £100,000 on 11 May 2009. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2009 the House Price Index for KENT was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £100,000 results in an estimated price of approximately £184,940.
| 11 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £100,000 | £84,940 | £184,940 |
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 | 83.463 % | £83,462 | £183,462 |
| 3 Month Average | 108.361 % | £108,361 | £208,361 |
| 6 Month Average | 104.779 % | £104,779 | £204,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £394,734 | £395,000 | 283 MARGATE ROAD |
| 28 Jan 2022 | £226,268 | £215,000 | 147 NIXON AVENUE |
| 15 Sep 2021 | £205,820 | £191,000 | 95 COLEMAN CRESCENT |
| 17 Feb 2021 | £36,327 | £32,000 | 1C ALLENBY ROAD |
| 15 Oct 2020 | £208,809 | £178,000 | 101 COLEMAN CRESCENT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 23 Mar 2019. Using an estimated price of £184,940 means this house is valued at £2,982 per sq meter (£277 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winifred Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Winifred Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winifred Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winifred Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winifred Avenue |