£292,386
This estimated value is based upon the latest sale price for the house of £150,000 on 27 Jul 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £150,000 | 27 Jul 2004 |
| £67,000 | 16 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2004 the House Price Index for KENT was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £150,000 results in an estimated price of approximately £292,386.
| 27 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £150,000 | £142,386 | £292,386 |
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 | 71.651 % | £107,476 | £257,476 |
| 3 Month Average | 91.860 % | £137,789 | £287,789 |
| 6 Month Average | 118.050 % | £177,074 | £327,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £324,809 | £320,000 | 28 VIOLET AVENUE |
| 1 Aug 2023 | £343,001 | £340,000 | 17 ROMAN ROAD |
| 28 Apr 2023 | £349,766 | £346,000 | 7 FITZROY AVENUE |
| 9 Sep 2022 | £545,594 | £550,000 | 1 VIOLET AVENUE |
| 28 Jan 2022 | £397,284 | £377,500 | 21 VIOLET AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Oct 2017. Using an estimated price of £292,386 means this house is valued at £3,522 per sq meter (£327 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 | Criminal damage and arson | 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 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winifred Avenue |