£288,393
This estimated value is based upon the latest sale price for the house of £177,500 on 22 Nov 2013. 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 |
---|---|
£177,500 | 22 Nov 2013 |
£117,500 | 22 Aug 2001 |
£97,950 | 22 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 643 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 November 2013 the House Price Index for KENT was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £177,500 results in an estimated price of approximately £288,393.
22 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 148.6 | 62.475 % | £177,500 | £110,893 | £288,393 |
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 | -21.084 % | £-37,424 | £140,075 |
3 Month Average | 28.976 % | £51,432 | £228,932 |
6 Month Average | 69.125 % | £122,696 | £300,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £262,295 | £260,000 | FLAT 26 HERITAGE QUAY COMMERCIAL PLACE |
30 Mar 2023 | £378,567 | £375,000 | 3 EAST TERRACE |
29 Mar 2023 | £282,663 | £280,000 | FLAT 29 HERITAGE QUAY COMMERCIAL PLACE |
29 Apr 2022 | £417,069 | £405,000 | 6 EAST TERRACE |
7 Apr 2022 | £121,516 | £118,000 | FLAT 85 CHANTRY COURT GORDON PLACE |
This house has a floor area of 59 sq meters or 643 sq feet when measured on 24 Feb 2012. Using an estimated price of £288,393 means this house is valued at £4,821 per sq meter (£447 per sq foot).
The average size of a house on COMMERCIAL PLACE is 81 sq meters (873 sq feet).