£408,777
This estimated value is based upon the latest sale price for the house of £350,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£350,000 | 20 Nov 2020 |
£342,500 | 9 Jan 2017 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 November 2020 the House Price Index for KENT was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £350,000 results in an estimated price of approximately £408,777.
20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £350,000 | £58,777 | £408,777 |
The Postcode Pricing Model uses changes in average sales price within the CT21 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 | 11.649 % | £40,769 | £390,769 |
3 Month Average | 6.877 % | £24,069 | £374,069 |
6 Month Average | 5.127 % | £17,943 | £367,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2023 | £259,860 | £255,000 | 48A - 48B ALBERT ROAD |
17 Feb 2023 | £731,889 | £727,000 | 40 ALBERT ROAD |
30 Jan 2023 | £350,938 | £350,000 | 48B ALBERT ROAD |
17 Jan 2023 | £586,567 | £585,000 | 36 ALBERT ROAD |
29 Apr 2022 | £313,820 | £302,500 | 48 ALBERT ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Jun 2016. Using an estimated price of £408,777 means this house is valued at £6,288 per sq meter (£584 per sq foot).
The average size of a house on ALBERT ROAD is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
Aug 2024 | Anti-social behaviour | On or near Albert Road | |
Aug 2024 | Anti-social behaviour | On or near Albert Road | |
Aug 2024 | Anti-social behaviour | On or near Albert Road |