£235,854
This estimated value is based upon the latest sale price for the house of £185,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 21 Jul 2017 |
| £173,000 | 16 Dec 2016 |
| £100,000 | 2 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2017 the House Price Index for KENT was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £185,000 results in an estimated price of approximately £235,854.
| 21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £185,000 | £50,854 | £235,854 |
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 | 13.125 % | £24,280 | £209,280 |
| 3 Month Average | 23.717 % | £43,876 | £228,876 |
| 6 Month Average | 32.971 % | £60,996 | £245,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £222,698 | £220,000 | 60 CLEMENTS ROAD |
| 7 Jun 2023 | £222,698 | £220,000 | 186 MARGATE ROAD |
| 3 Feb 2023 | £249,832 | £250,000 | 15 CLEMENTS ROAD |
| 19 Jan 2023 | £238,536 | £239,660 | 188 MARGATE ROAD |
| 22 Aug 2022 | £261,795 | £262,500 | 21 CLEMENTS ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 18 Feb 2013. Using an estimated price of £235,854 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on CLEMENTS ROAD is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near Piper Gardens |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Piper Gardens |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Piper Gardens |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Piper Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Piper Gardens |