£428,501
This estimated value is based upon the latest sale price for the house of £230,000 on 4 May 2005. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 4 May 2005 |
| £195,000 | 6 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 27 sq meters or 296 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 May 2005 the House Price Index for KENT was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £230,000 results in an estimated price of approximately £428,501.
| 4 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £230,000 | £198,501 | £428,501 |
The Postcode Pricing Model uses changes in average sales price within the CT17 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 | 97.338 % | £223,877 | £453,877 |
| 3 Month Average | 67.722 % | £155,761 | £385,761 |
| 6 Month Average | 80.139 % | £184,320 | £414,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £113,902 | £112,000 | FLAT 3 128 FOLKESTONE ROAD |
| 25 Jul 2022 | £151,518 | £150,000 | 13 WINCHELSEA STREET |
| 14 Mar 2022 | £360,157 | £345,000 | 169 FOLKESTONE ROAD |
| 28 Feb 2022 | £332,784 | £315,000 | 104 FOLKESTONE ROAD |
| 11 Feb 2022 | £190,162 | £180,000 | 151 CLARENDON STREET |
This house has a floor area of 27 sq meters or 296 sq feet when measured on 4 Jul 2010. Using an estimated price of £428,501 means this house is valued at £15,564 per sq meter (£1,446 per sq foot).
The average size of a house on FOLKESTONE ROAD is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Winchelsea Road |
| Jul 2024 | Drugs | Under investigation | On or near Winchelsea Road |
| Jul 2024 | Drugs | Under investigation | On or near Winchelsea Road |
| Jul 2024 | Robbery | Under investigation | On or near Winchelsea Road |
| Jul 2024 | Anti-social behaviour | On or near Winchelsea Road |