£122,201
This estimated value is based upon the latest sale price for the house of £100,000 on 16 Sep 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £100,000 | 16 Sep 2019 |
| £85,000 | 26 Sep 2003 |
| £49,500 | 29 Jun 2001 |
| £26,000 | 23 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 594 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 September 2019 the House Price Index for KENT was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £100,000 results in an estimated price of approximately £122,201.
| 16 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £100,000 | £22,201 | £122,201 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 26.208 % | £26,207 | £126,207 |
| 3 Month Average | -2.496 % | £-2,496 | £97,503 |
| 6 Month Average | 15.800 % | £15,800 | £115,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £318,075 | £317,000 | 82 HERNE BAY ROAD |
| 28 Jul 2023 | £403,820 | £400,000 | SWALE VIEW RECTORY GARDENS |
| 30 Sep 2022 | £158,077 | £160,000 | UNIT 1 CHESTFIELD BUSINESS PARK THANET WAY |
| 29 Apr 2022 | £241,026 | £235,000 | 9 SUMMER COURT |
| 10 Dec 2021 | £244,355 | £229,000 | 3 QUINNEYS PLACE |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 26 Nov 2010. Using an estimated price of £122,201 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on HERNE BAY ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Quinneys Place | |
| Apr 2024 | Other theft | Under investigation | On or near Oliver Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Drive |