£289,808
This estimated value is based upon the latest sale price for the house of £175,000 on 20 Sep 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £175,000 | 20 Sep 2013 |
| £175,000 | 2 Nov 2012 |
| Semi-Detached |
| 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 September 2013 the House Price Index for KENT was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £175,000 results in an estimated price of approximately £289,808.
| 20 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £175,000 | £114,808 | £289,808 |
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 | 68.535 % | £119,935 | £294,935 |
| 3 Month Average | 76.765 % | £134,338 | £309,338 |
| 6 Month Average | 56.306 % | £98,535 | £273,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £226,000 | £226,000 | 3 WINIFRED AVENUE |
| 28 Jun 2024 | £210,000 | £210,000 | 317 CLEMENTS ROAD |
| 10 Apr 2024 | £214,866 | £213,000 | 117 NIXON AVENUE |
| 27 Oct 2023 | £221,020 | £216,000 | 119 NIXON AVENUE |
| 9 Feb 2023 | £397,656 | £395,000 | 283 MARGATE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Feb 2016. Using an estimated price of £289,809 means this house is valued at £3,715 per sq meter (£345 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Winifred Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Winifred Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Winifred Avenue |
| Jul 2024 | Anti-social behaviour | On or near Gwyn Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Gwyn Road |