£274,994
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£220,000 | 12 Jan 2018 |
£137,000 | 23 Jan 2008 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 January 2018 the House Price Index for KENT was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £220,000 results in an estimated price of approximately £274,994.
12 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.0 | 24.997 % | £220,000 | £54,994 | £274,994 |
The Postcode Pricing Model uses changes in average sales price within the ME13 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 | 75.667 % | £166,467 | £386,467 |
3 Month Average | 17.241 % | £37,930 | £257,930 |
6 Month Average | 17.374 % | £38,223 | £258,223 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £270,979 | £267,500 | 59 WESTGATE ROAD |
1 Nov 2023 | £253,246 | £249,995 | 69 WESTGATE ROAD |
30 Jun 2023 | £287,330 | £285,000 | 22 CYPRUS ROAD |
25 Mar 2022 | £431,409 | £418,000 | WYCHELM CYPRUS ROAD |
18 Feb 2022 | £271,560 | £260,000 | 5 CYPRUS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 Mar 2017. Using an estimated price of £274,994 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on CYPRUS ROAD is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Cyprus Road |
Mar 2024 | Possession of weapons | Under investigation | On or near Cyprus Road |
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Cyprus Road |
Feb 2024 | Anti-social behaviour | On or near Cyprus Road | |
Feb 2024 | Anti-social behaviour | On or near Cyprus Road |