£260,221
This estimated value is based upon the latest sale price for the house of £197,500 on 7 Nov 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £197,500 | 7 Nov 2016 |
| £103,000 | 30 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2016 the House Price Index for KENT was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £197,500 results in an estimated price of approximately £260,221.
| 7 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £197,500 | £62,721 | £260,221 |
The Postcode Pricing Model uses changes in average sales price within the ME12 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 | 42.563 % | £84,062 | £281,562 |
| 3 Month Average | 28.559 % | £56,404 | £253,904 |
| 6 Month Average | 37.514 % | £74,089 | £271,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £202,590 | £200,000 | 25 ALMA STREET |
| 1 Sep 2023 | £151,943 | £150,000 | 7 ALMA STREET |
| 13 Jun 2022 | £179,537 | £177,000 | 2 ALMA STREET |
| 13 Apr 2022 | £180,215 | £175,000 | 97 ALMA STREET |
| 20 Jan 2022 | £178,909 | £170,000 | 12 ALMA STREET |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 21 Oct 2015. Using an estimated price of £260,221 means this house is valued at £1,941 per sq meter (£180 per sq foot).
The average size of a house on MARINE PARADE is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alma Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alma Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alma Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Street |
| Mar 2024 | Public order | Under investigation | On or near Alma Street |