£23,575
This estimated value is based upon the latest sale price for the house of £18,000 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£18,000 | 10 Feb 2017 |
Freehold |
Floor Area: 50 sq meters or 538 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 February 2017 the House Price Index for KENT was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £18,000 results in an estimated price of approximately £23,575.
10 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £18,000 | £5,575 | £23,575 |
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 | -1.289 % | £-232 | £17,767 |
3 Month Average | 26.220 % | £4,719 | £22,719 |
6 Month Average | 31.329 % | £5,639 | £23,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £263,181 | £256,500 | 29 CLIFTON ROAD |
28 Sep 2023 | £296,537 | £290,000 | 6 CLIFTON ROAD |
21 Aug 2023 | £246,954 | £242,500 | 22 CLIFTON GARDENS |
13 Jan 2023 | £245,656 | £245,000 | 39 CLIFTON ROAD |
6 Sep 2022 | £119,920 | £120,000 | FLAT 4 118 NORTHDOWN ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 20 Oct 2017. Using an estimated price of £23,575 means this house is valued at £471 per sq meter (£43 per sq foot).
The average size of a house on NORTHDOWN ROAD is 82 sq meters (888 sq feet).