£167,535
This estimated value is based upon the latest sale price for the house of £122,787 on 5 Apr 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £122,787 | 5 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 April 2016 the House Price Index for KENT was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £122,787 results in an estimated price of approximately £167,535.
| 5 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £122,787 | £44,748 | £167,535 |
The Postcode Pricing Model uses changes in average sales price within the CT10 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 | 34.510 % | £42,373 | £165,160 |
| 3 Month Average | 35.883 % | £44,060 | £166,847 |
| 6 Month Average | 35.081 % | £43,075 | £165,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £805,000 | £805,000 | 3 VICTORIA PARADE |
| 17 Nov 2023 | £420,679 | £410,000 | 2 CHANDOS ROAD |
| 30 Aug 2023 | £605,929 | £595,000 | FLAT 3 7 VICTORIA PARADE |
| 13 Mar 2023 | £327,977 | £322,500 | FLAT 5 4 CHANDOS SQUARE |
| 29 Nov 2022 | £286,660 | £288,000 | FLAT 2 1 CHANDOS SQUARE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Aug 2012. Using an estimated price of £167,536 means this house is valued at £1,642 per sq meter (£152 per sq foot).
The average size of a house on VICTORIA PARADE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Victoria Parade | |
| Aug 2024 | Possession of weapons | Under investigation | On or near Victoria Parade |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chandos Square |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chandos Square |
| Aug 2024 | Anti-social behaviour | On or near Victoria Parade |