£157,929
This estimated value is based upon the latest sale price for the house of £99,000 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£99,000 | 14 Feb 2014 |
£69,000 | 13 Dec 2002 |
£35,000 | 30 Jun 1998 |
£35,000 | 12 Jan 1996 |
£18,000 | 17 Nov 1995 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2014 the House Price Index for KENT was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £99,000 results in an estimated price of approximately £157,929.
14 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £99,000 | £58,929 | £157,929 |
The Postcode Pricing Model uses changes in average sales price within the ME12 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 | 39.497 % | £39,101 | £138,101 |
3 Month Average | 54.731 % | £54,183 | £153,183 |
6 Month Average | 63.503 % | £62,868 | £161,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £186,000 | £186,000 | 29 JAMES STREET |
15 Dec 2023 | £134,121 | £130,000 | 74 CLYDE STREET |
29 Nov 2023 | £113,891 | £111,000 | 40 CLYDE STREET |
16 Oct 2023 | £73,673 | £72,000 | 47B ALMA STREET |
21 Apr 2023 | £219,098 | £215,000 | 36 CLYDE STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 3 Jul 2014. Using an estimated price of £157,929 means this house is valued at £1,518 per sq meter (£141 per sq foot).
The average size of a house on JAMES STREET is 76 sq meters (827 sq feet).