£309,660
This estimated value is based upon the latest sale price for the house of £185,000 on 11 Mar 2013. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 11 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2013 the House Price Index for KENT was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £185,000 results in an estimated price of approximately £309,660.
| 11 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £185,000 | £124,660 | £309,660 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 118.789 % | £219,760 | £404,760 |
| 3 Month Average | 59.485 % | £110,047 | £295,047 |
| 6 Month Average | 79.022 % | £146,191 | £331,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £253,238 | £250,000 | 15 HORSFORD WALK |
| 2 Jun 2023 | £360,365 | £356,000 | 3 IVORY CLOSE |
| 1 Mar 2023 | £227,140 | £225,000 | 28 IVORY CLOSE |
| 26 May 2022 | £310,857 | £305,000 | 83 BYSING WOOD ROAD |
| 1 Apr 2022 | £272,897 | £265,000 | 24 IVORY CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Nov 2012. Using an estimated price of £309,661 means this house is valued at £3,870 per sq meter (£359 per sq foot).
The average size of a house on BYSING WOOD ROAD is 91 sq meters (989 sq feet).