£269,609
This estimated value is based upon the latest sale price for the house of £150,000 on 10 Aug 2009. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £150,000 | 10 Aug 2009 |
| Flats/Maisonettes |
| Freehold |
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 2009 the House Price Index for KENT was 82.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 79.740%.Applying this 79.740% change to the original purchase price of £150,000 results in an estimated price of approximately £269,609.
| 10 Aug 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.0 | 79.740 % | £150,000 | £119,609 | £269,609 |
The Postcode Pricing Model uses changes in average sales price within the CT6 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 | 101.585 % | £152,377 | £302,377 |
| 3 Month Average | 90.120 % | £135,180 | £285,180 |
| 6 Month Average | 88.182 % | £132,272 | £282,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2022 | £249,663 | £250,000 | FLAT 4 19 CENTRAL PARADE |
| 29 Apr 2022 | £225,641 | £220,000 | 4 MARINE HOUSE, 31 CENTRAL PARADE |
| 22 Feb 2022 | £289,838 | £277,500 | GROOM COTTAGE, 4 CHAPEL STREET |
| 16 Dec 2021 | £634,895 | £595,000 | 5 PROSPECT HILL |
| 18 Nov 2021 | £269,287 | £250,000 | 2B EAST STREET |