£675,009
This estimated value is based upon the latest sale price for the house of £550,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£550,000 | 2 Nov 2018 |
Detached |
Freehold |
Floor Area: 177 sq meters or 1,905 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 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £550,000 results in an estimated price of approximately £675,009.
2 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.0 | 22.729 % | £550,000 | £125,009 | £675,009 |
The Postcode Pricing Model uses changes in average sales price within the CT6 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 | 7.555 % | £41,552 | £591,552 |
3 Month Average | 3.031 % | £16,668 | £566,668 |
6 Month Average | 6.253 % | £34,390 | £584,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £621,763 | £610,000 | APARTMENT B HORIZON VIEW, 37 WESTERN ESPLANADE |
4 Aug 2023 | £347,111 | £345,000 | 12 QUEENSBRIDGE DRIVE |
19 Jul 2023 | £580,491 | £575,000 | 22 QUEENSBRIDGE DRIVE |
6 Sep 2022 | £489,052 | £495,000 | 31 RIDGEWAY CLIFF |
1 Aug 2022 | £327,785 | £330,000 | 25 QUEENSBRIDGE DRIVE |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 2 Sep 2016. Using an estimated price of £675,010 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on THE BROADWAY is 111 sq meters (1,203 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgeway Cliff |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queensbridge Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensbridge Drive |
Apr 2024 | Other theft | Under investigation | On or near Victoria Drive |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Drive |