£125,493
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Apr 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £80,000 | 30 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 April 2014 the House Price Index for KENT was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £80,000 results in an estimated price of approximately £125,493.
| 30 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £80,000 | £45,493 | £125,493 |
The Postcode Pricing Model uses changes in average sales price within the CT16 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 | 85.227 % | £68,181 | £148,181 |
| 3 Month Average | 60.311 % | £48,248 | £128,248 |
| 6 Month Average | 63.204 % | £50,562 | £130,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £113,000 | £113,000 | 3 CANNON STREET |
| 24 Aug 2023 | £57,029 | £56,000 | FLAT 9 THE METROPOLE NEW STREET |
| 1 Mar 2023 | £160,683 | £158,000 | 4 DOLPHIN HOUSE MARKET SQUARE |
| 18 Nov 2022 | £86,595 | £87,000 | FLAT 1 THE METROPOLE NEW STREET |
| 27 Oct 2022 | £64,784 | £65,000 | FLAT 26 THE METROPOLE NEW STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Oct 2010. Using an estimated price of £125,493 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on STEMBROOK COURT is 78 sq meters (845 sq feet).
This house is the largest in the street with a floor area of 76 sq meters (818 sq feet).