£187,949
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Oct 2007. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £120,000 | 1 Oct 2007 |
| £96,500 | 13 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2007 the House Price Index for KENT was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £120,000 results in an estimated price of approximately £187,949.
| 1 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £120,000 | £67,949 | £187,949 |
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 | 27.311 % | £32,773 | £152,773 |
| 3 Month Average | 52.892 % | £63,470 | £183,470 |
| 6 Month Average | 56.935 % | £68,322 | £188,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £243,745 | £240,000 | 68 MILLMEAD ROAD |
| 7 Oct 2022 | £458,469 | £460,000 | 52 MILLMEAD ROAD |
| 5 Aug 2022 | £281,315 | £280,000 | 58 MILLMEAD ROAD |
| 1 Oct 2021 | £222,934 | £200,000 | 41 BIDDENDEN CLOSE |
| 28 Sep 2021 | £352,810 | £325,000 | 29 WESTERN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 Sep 2016. Using an estimated price of £187,949 means this house is valued at £2,409 per sq meter (£223 per sq foot).
The average size of a house on ELHAM CLOSE is 83 sq meters (903 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (839 sq feet).