£104,610
This estimated value is based upon the latest sale price for the house of £97,500 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £97,500 | 29 Jun 2021 |
| £52,500 | 31 May 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 525 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 2021 the House Price Index for KENT was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £97,500 results in an estimated price of approximately £104,610.
| 29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £97,500 | £7,110 | £104,610 |
The Postcode Pricing Model uses changes in average sales price within the CT11 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 | -12.620 % | £-12,304 | £85,195 |
| 3 Month Average | -19.098 % | £-18,620 | £78,879 |
| 6 Month Average | -5.151 % | £-5,022 | £92,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £122,068 | £121,000 | FLAT 5 CAPITOL HOUSE, 1 BROAD STREET |
| 31 Jul 2023 | £324,366 | £320,000 | 3A BROAD STREET |
| 27 Jun 2023 | £187,268 | £185,000 | 13 TURNER STREET |
| 23 Feb 2023 | £112,424 | £112,500 | FLAT 1 CAPITOL HOUSE, 1 BROAD STREET |
| 4 Aug 2022 | £104,718 | £105,000 | FLAT 2 KINGSWOOD HEIGHTS CLEAVER LANE |
This house has a floor area of 48 sq meters or 525 sq feet when measured on 10 Nov 2010. Using an estimated price of £104,610 means this house is valued at £2,143 per sq meter (£199 per sq foot).
The average size of a house on BROAD STREET is 77 sq meters (831 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (525 sq feet).