£264,762
This estimated value is based upon the latest sale price for the house of £73,800 on 19 Jan 2001. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £73,800 | 19 Jan 2001 |
| £40,000 | 16 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2001 the House Price Index for KENT was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £73,800 results in an estimated price of approximately £264,762.
| 19 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £73,800 | £190,962 | £264,762 |
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 | 223.274 % | £164,776 | £238,576 |
| 3 Month Average | 275.349 % | £203,207 | £277,007 |
| 6 Month Average | 218.266 % | £161,080 | £234,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £253,901 | £250,000 | 377 MARGATE ROAD |
| 1 Dec 2023 | £294,035 | £285,000 | 3 COXES LANE |
| 28 Sep 2023 | £232,628 | £227,500 | 358 MARGATE ROAD |
| 25 Aug 2023 | £305,510 | £300,000 | 393 MARGATE ROAD |
| 27 Apr 2023 | £371,957 | £365,000 | 14 COXES LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 May 2015. Using an estimated price of £264,762 means this house is valued at £3,729 per sq meter (£346 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Homeleigh Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Coxes Avenue |
| Jul 2024 | Anti-social behaviour | On or near Coxes Avenue |