£156,650
This estimated value is based upon the latest sale price for the house of £151,000 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £151,000 | 20 Apr 2022 |
| £125,000 | 13 Feb 2015 |
| £89,995 | 2 Aug 2001 |
| £51,000 | 26 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2022 the House Price Index for KENT was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £151,000 results in an estimated price of approximately £156,650.
| 20 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £151,000 | £5,650 | £156,650 |
The Postcode Pricing Model uses changes in average sales price within the CT20 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 | 26.001 % | £39,262 | £190,262 |
| 3 Month Average | 12.211 % | £18,439 | £169,439 |
| 6 Month Average | -5.820 % | £-8,788 | £142,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £275,000 | £275,000 | 57 - 59 SANDGATE ROAD |
| 14 Apr 2023 | £254,765 | £250,000 | 4 ASPEN HOUSE WEST TERRACE |
| 13 Apr 2023 | £142,668 | £140,000 | FLAT 44 1 THE LEAS |
| 5 Aug 2022 | £206,465 | £205,500 | 6 ASPEN HOUSE WEST TERRACE |
| 20 Apr 2022 | £156,651 | £151,000 | FLAT 42 1 THE LEAS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 Jan 2013. Using an estimated price of £156,651 means this house is valued at £2,303 per sq meter (£214 per sq foot).
The average size of a house on THE LEAS is 103 sq meters (1,109 sq feet).