£320,078
This estimated value is based upon the latest sale price for the house of £163,000 on 19 Jul 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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Suite 2049, Kent Space Ebbsfleet Ltd, Fleet House, Springhead Enterprise Park, Springhead Road, Northfleet, Kent, Dartford, DA11 8HJ
Phone: 02081289578
Price Paid | Date |
---|---|
£163,000 | 19 Jul 2004 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 2004 the House Price Index for KENT was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £163,000 results in an estimated price of approximately £320,078.
19 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £163,000 | £157,078 | £320,078 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | 85.912 % | £140,036 | £303,036 |
3 Month Average | 98.030 % | £159,789 | £322,789 |
6 Month Average | 100.740 % | £164,205 | £327,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £330,145 | £320,000 | 22 FREEMAN ROAD |
29 Sep 2023 | £327,213 | £320,000 | 29 FREEMAN ROAD |
18 Aug 2023 | £305,510 | £300,000 | 12 DORIA DRIVE |
28 Apr 2023 | £224,193 | £220,000 | 29 ST GREGORYS CRESCENT |
17 Feb 2023 | £352,354 | £350,000 | 13 ST MARGARETS CRESCENT |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Aug 2019. Using an estimated price of £320,078 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on MEDHURST CRESCENT is 88 sq meters (948 sq feet).