£156,855
This estimated value is based upon the latest sale price for the house of £123,500 on 14 Aug 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£123,500 | 14 Aug 2017 |
£89,000 | 24 Feb 2006 |
£41,995 | 3 Dec 2001 |
£27,000 | 1 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 2017 the House Price Index for KENT was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £123,500 results in an estimated price of approximately £156,855.
14 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £123,500 | £33,355 | £156,855 |
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 | 12.526 % | £15,469 | £138,969 |
3 Month Average | 21.864 % | £27,001 | £150,501 |
6 Month Average | 33.436 % | £41,293 | £164,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £323,043 | £320,000 | 18 OZENGELL PLACE |
24 Feb 2023 | £389,738 | £390,000 | ASHGROVE HAINE ROAD |
21 Oct 2022 | £187,976 | £190,000 | FLAT 3 1 SADDLERS MEWS |
13 Sep 2022 | £297,597 | £300,000 | 17 BENGAL ROAD |
14 Jul 2022 | £189,009 | £188,500 | 13 QUETTA ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Mar 2017. Using an estimated price of £156,856 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on STIRLING WAY is 88 sq meters (956 sq feet).