£243,340
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 25 Nov 2021 |
| £170,000 | 12 Aug 2016 |
| £139,995 | 5 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2021 the House Price Index for KENT was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £225,000 results in an estimated price of approximately £243,340.
| 25 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £225,000 | £18,340 | £243,340 |
The Postcode Pricing Model uses changes in average sales price within the TN23 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 | 9.676 % | £21,771 | £246,771 |
| 3 Month Average | 13.769 % | £30,980 | £255,980 |
| 6 Month Average | 5.746 % | £12,929 | £237,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £245,000 | £245,000 | 98 ELLINGHAM INDUSTRIAL CENTRE |
| 24 Nov 2023 | £314,658 | £310,000 | 276 KINGSNORTH ROAD |
| 18 Aug 2023 | £252,206 | £250,000 | 242 KINGSNORTH ROAD |
| 23 Jun 2023 | £238,894 | £236,000 | 244 KINGSNORTH ROAD |
| 6 Mar 2023 | £252,378 | £250,000 | 4 IRELAND TERRACE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 Oct 2013. Using an estimated price of £243,341 means this house is valued at £3,379 per sq meter (£313 per sq foot).
The average size of a house on KINGSNORTH ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Feb 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Feb 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Apr 2024 | Drugs | Local resolution | On or near Cherry Gardens |
| Apr 2024 | Anti-social behaviour | On or near Cherry Gardens |