£282,611
This estimated value is based upon the latest sale price for the house of £232,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£232,000 | 31 Jul 2020 |
£234,100 | 29 Apr 2016 |
£195,000 | 20 Oct 2014 |
£167,500 | 15 Aug 2006 |
£45,000 | 7 Feb 1997 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2020 the House Price Index for KENT was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £232,000 results in an estimated price of approximately £282,611.
31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £232,000 | £50,611 | £282,611 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | -38.207 % | £-88,639 | £143,360 |
3 Month Average | 7.329 % | £17,003 | £249,003 |
6 Month Average | 17.073 % | £39,609 | £271,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £283,718 | £275,000 | 24 DOVER STREET |
1 Dec 2023 | £338,398 | £328,000 | 24 CHARLTON STREET |
23 Jun 2023 | £275,521 | £270,000 | 2B DOVER STREET |
16 Jun 2023 | £271,440 | £266,000 | 2A DOVER STREET |
5 Jun 2023 | £194,396 | £190,500 | 10 DOVER STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 May 2014. Using an estimated price of £282,612 means this house is valued at £2,826 per sq meter (£262 per sq foot).
The average size of a house on CHARLTON STREET is 85 sq meters (923 sq feet).