£226,273
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£130,000 | 30 Sep 2011 |
£126,000 | 27 Aug 2004 |
£48,950 | 19 Nov 1999 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 907 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 2011 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 74.057%.Applying this 74.057% change to the original purchase price of £130,000 results in an estimated price of approximately £226,273.
30 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £130,000 | £96,273 | £226,273 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 75.066 % | £97,585 | £227,585 |
3 Month Average | 100.786 % | £131,022 | £261,022 |
6 Month Average | 99.352 % | £129,158 | £259,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £196,708 | £195,000 | 32 SALMESTONE ROAD |
8 Sep 2022 | £269,820 | £270,000 | 123 RAMSGATE ROAD |
5 May 2022 | £137,584 | £134,000 | 8 COLLEGE ROAD |
10 Jan 2022 | £242,520 | £228,750 | 35 SALMESTONE ROAD |
20 Dec 2021 | £259,034 | £240,000 | 35 COLLEGE ROAD |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 20 Nov 2010. Using an estimated price of £226,274 means this house is valued at £2,684 per sq meter (£249 per sq foot).
The average size of a house on SALMESTONE ROAD is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Awaiting court outcome | On or near Salmestone Road |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Salmestone Road |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Salmestone Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salmestone Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Salmestone Road |