£130,581
This estimated value is based upon the latest sale price for the house of £75,000 on 15 Dec 2009. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£75,000 | 15 Dec 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 December 2009 the House Price Index for KENT was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £75,000 results in an estimated price of approximately £130,581.
15 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £75,000 | £55,581 | £130,581 |
The Postcode Pricing Model uses changes in average sales price within the TN24 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 | 176.189 % | £132,142 | £207,142 |
3 Month Average | 89.439 % | £67,079 | £142,079 |
6 Month Average | 85.452 % | £64,089 | £139,089 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2023 | £264,956 | £260,000 | 41 SOMERSET ROAD |
23 Mar 2023 | £162,717 | £160,000 | FLAT 17 THE PANORAMA PARK STREET |
3 Aug 2022 | £130,611 | £130,000 | FLAT 76 THE PANORAMA PARK STREET |
6 Jan 2022 | £121,923 | £115,000 | FLAT 90 THE PANORAMA PARK STREET |
4 Dec 2020 | £121,402 | £105,000 | FLAT 83 THE PANORAMA PARK STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 19 Jul 2018. Using an estimated price of £130,582 means this house is valued at £2,418 per sq meter (£224 per sq foot).
The average size of a house on SOMERSET ROAD is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hardinge Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardinge Road |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hardinge Road |