£276,502
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £200,000 | 20 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2016 the House Price Index for KENT was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £200,000 results in an estimated price of approximately £276,502.
| 20 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £200,000 | £76,502 | £276,502 |
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 | 55.714 % | £111,427 | £311,427 |
| 3 Month Average | 46.550 % | £93,099 | £293,099 |
| 6 Month Average | 28.459 % | £56,917 | £256,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £304,681 | £300,000 | 8 CHERRY TREE GARDENS |
| 5 Dec 2023 | £407,522 | £395,000 | 20 CHERRY TREE GARDENS |
| 1 Dec 2023 | £294,035 | £285,000 | 3 COXES LANE |
| 10 Aug 2023 | £226,078 | £222,000 | 9 CHERRY TREE GARDENS |
| 20 Jan 2023 | £338,404 | £337,500 | 412 MARGATE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 7 Sep 2015. Using an estimated price of £276,503 means this house is valued at £2,850 per sq meter (£264 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 | Anti-social behaviour | On or near Quantock Gardens | |
| Jul 2024 | Other theft | Under investigation | On or near Quantock Gardens |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Quantock Gardens |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Quantock Gardens |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Quantock Gardens |