£180,137
This estimated value is based upon the latest sale price for the house of £133,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £133,000 | 29 Apr 2016 |
| £101,000 | 20 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2016 the House Price Index for KENT was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £133,000 results in an estimated price of approximately £180,137.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £133,000 | £47,137 | £180,137 |
The Postcode Pricing Model uses changes in average sales price within the CT12 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 | 31.332 % | £41,671 | £174,671 |
| 3 Month Average | 39.660 % | £52,748 | £185,748 |
| 6 Month Average | 49.652 % | £66,037 | £199,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £182,705 | £180,000 | 9 NEWLANDS ROAD |
| 31 Oct 2022 | £118,722 | £120,000 | 15 NEWLANDS ROAD |
| 22 Aug 2022 | £261,795 | £262,500 | 21 CLEMENTS ROAD |
| 19 Aug 2022 | £254,315 | £255,000 | 134 MARGATE ROAD |
| 12 Aug 2022 | £119,678 | £120,000 | 6 ELIZABETH KEMP COURT WHITEHALL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Sep 2015. Using an estimated price of £180,137 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newlands Road | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Newlands Road |
| Mar 2024 | Anti-social behaviour | On or near Newlands Road | |
| Feb 2024 | Anti-social behaviour | On or near Newlands Road | |
| Feb 2024 | Anti-social behaviour | On or near Newlands Road |