£243,630
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Jul 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £200,000 | 28 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 July 2020 the House Price Index for KENT was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £200,000 results in an estimated price of approximately £243,630.
| 28 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £200,000 | £43,630 | £243,630 |
The Postcode Pricing Model uses changes in average sales price within the CT12 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 | 397.640 % | £795,280 | £995,280 |
| 3 Month Average | 48.234 % | £96,467 | £296,467 |
| 6 Month Average | 12.738 % | £25,475 | £225,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £224,499 | £220,000 | 186 MARGATE ROAD |
| 15 Mar 2023 | £259,331 | £255,000 | 170 MARGATE ROAD |
| 19 Jan 2023 | £240,302 | £239,660 | 188 MARGATE ROAD |
| 22 Aug 2022 | £263,733 | £262,500 | 21 CLEMENTS ROAD |
| 19 Aug 2022 | £256,198 | £255,000 | 134 MARGATE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Jul 2019. Using an estimated price of £243,631 means this house is valued at £4,274 per sq meter (£397 per sq foot).
The average size of a house on MARGATE ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Piper Gardens |
| Sep 2024 | Other theft | Under investigation | On or near Piper Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Piper Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Piper Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Piper Gardens |