£274,517
This estimated value is based upon the latest sale price for the house of £160,000 on 6 Aug 2012. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £160,000 | 6 Aug 2012 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 103 sq meters or 1,115 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 2012 the House Price Index for KENT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £160,000 results in an estimated price of approximately £274,517.
| 6 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £160,000 | £114,517 | £274,517 |
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 | 54.120 % | £86,591 | £246,591 |
| 3 Month Average | 79.556 % | £127,290 | £287,290 |
| 6 Month Average | 79.091 % | £126,545 | £286,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £360,000 | £360,000 | 53 NORTHWOOD ROAD |
| 14 May 2024 | £283,000 | £283,000 | 15 ROMAN ROAD |
| 6 Oct 2023 | £296,740 | £290,000 | 32 FITZROY AVENUE |
| 1 Aug 2023 | £346,245 | £340,000 | 17 ROMAN ROAD |
| 28 Apr 2023 | £352,595 | £346,000 | 7 FITZROY AVENUE |
This house has a floor area of 103 sq meters or 1,115 sq feet when measured on 8 Dec 2011. Using an estimated price of £274,517 means this house is valued at £2,649 per sq meter (£246 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 | Investigation complete; no suspect identified | On or near Fitzroy Avenue |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Charlton Close |
| Jul 2024 | Anti-social behaviour | On or near Violet Avenue | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Violet Avenue |
| Jul 2024 | Anti-social behaviour | On or near Violet Avenue |