£629,509
This estimated value is based upon the latest sale price for the house of £525,000 on 12 Aug 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £525,000 | 12 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2020 the House Price Index for KENT was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £525,000 results in an estimated price of approximately £629,509.
| 12 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £525,000 | £104,509 | £629,509 |
The Postcode Pricing Model uses changes in average sales price within the TN13 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 | -11.384 % | £-59,766 | £465,233 |
| 3 Month Average | -16.305 % | £-85,599 | £439,400 |
| 6 Month Average | -1.443 % | £-7,575 | £517,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £1,310,886 | £1,325,000 | 32 GARTH ROAD |
| 3 Dec 2021 | £1,799,914 | £1,680,000 | 38 GARTH ROAD |
| 24 Sep 2021 | £280,174 | £260,000 | 14 STAFFORD WAY |
| 20 Aug 2021 | £886,915 | £795,000 | 96 WEALD ROAD |
| 2 Dec 2020 | £1,434,642 | £1,250,000 | SANTILLANA SOLEFIELDS ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 May 2017. Using an estimated price of £629,510 means this house is valued at £8,743 per sq meter (£812 per sq foot).
The average size of a house on WEALD ROAD is 180 sq meters (1,943 sq feet).