£328,001
This estimated value is based upon the latest sale price for the house of £256,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £256,000 | 14 Jun 2017 |
| Semi-Detached |
| 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 June 2017 the House Price Index for KENT was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £256,000 results in an estimated price of approximately £328,001.
| 14 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £256,000 | £72,001 | £328,001 |
The Postcode Pricing Model uses changes in average sales price within the CT6 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 | 39.123 % | £100,153 | £356,153 |
| 3 Month Average | 33.407 % | £85,522 | £341,522 |
| 6 Month Average | 23.565 % | £60,326 | £316,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £113,879 | £112,500 | FLAT 23 PARKSIDE COURT KINGS ROAD |
| 27 Mar 2023 | £297,806 | £295,000 | 7 HANOVER STREET |
| 3 Aug 2022 | £71,807 | £72,000 | FLAT 51 PARKSIDE COURT KINGS ROAD |
| 4 Apr 2022 | £288,344 | £280,000 | BEACH HOUSE BEACH STREET |
| 16 Mar 2022 | £274,610 | £265,000 | 110 KINGS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Nov 2016. Using an estimated price of £328,001 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on DERING ROAD is 113 sq meters (1,226 sq feet).