£226,248
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Nov 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£150,000 | 24 Nov 2014 |
£140,300 | 1 Aug 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 586 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 November 2014 the House Price Index for KENT was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £150,000 results in an estimated price of approximately £226,248.
24 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £150,000 | £76,248 | £226,248 |
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 | 15.481 % | £23,222 | £173,222 |
3 Month Average | 57.501 % | £86,251 | £236,251 |
6 Month Average | 46.884 % | £70,325 | £220,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £1,564,719 | £1,525,000 | 54 MARINE PARADE |
27 Oct 2023 | £291,623 | £285,000 | FLAT 8 TUDOR COURT, 163 TANKERTON ROAD |
15 Sep 2023 | £230,072 | £225,000 | FLAT 23 COPPERAS COURT, 169 TANKERTON ROAD |
24 Oct 2022 | £286,045 | £287,000 | FLAT 3 HERON COURT, 192 TANKERTON ROAD |
22 Jul 2022 | £782,844 | £775,000 | 17 WYNN ROAD |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 12 Jan 2009. Using an estimated price of £226,249 means this house is valued at £4,149 per sq meter (£385 per sq foot).
The average size of a house on TANKERTON ROAD is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jul 2024 | Possession of weapons | Under investigation | On or near B2205 |
Jul 2024 | Drugs | Under investigation | On or near B2205 |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Jul 2024 | Public order | Under investigation | On or near Marine Parade |