£118,147
This estimated value is based upon the latest sale price for the house of £89,750 on 12 Jan 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £89,750 | 12 Jan 2017 |
| £89,950 | 1 Jun 2007 |
| £77,000 | 14 Jul 2006 |
| £53,000 | 14 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 January 2017 the House Price Index for KENT was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £89,750 results in an estimated price of approximately £118,147.
| 12 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £89,750 | £28,397 | £118,147 |
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 | -2.408 % | £-2,160 | £87,589 |
| 3 Month Average | 29.397 % | £26,383 | £116,133 |
| 6 Month Average | 32.042 % | £28,757 | £118,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £244,908 | £240,000 | 5 DANE PARK ROAD |
| 3 Apr 2023 | £443,291 | £435,000 | THE GLEN DANESMEAD TERRACE |
| 3 Mar 2023 | £371,199 | £365,000 | 15 DANESMEAD TERRACE |
| 16 Nov 2022 | £408,092 | £410,000 | 5 THANET ROAD |
| 5 Aug 2022 | £493,307 | £491,000 | 3 ADDINGTON ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 26 Jul 2010. Using an estimated price of £118,147 means this house is valued at £2,808 per sq meter (£260 per sq foot).
The average size of a house on VICTORIA ROAD is 91 sq meters (981 sq feet).