£417,736
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Sep 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£240,000 | 14 Sep 2011 |
£135,000 | 31 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 2011 the House Price Index for KENT was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £240,000 results in an estimated price of approximately £417,736.
14 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £240,000 | £177,736 | £417,736 |
The Postcode Pricing Model uses changes in average sales price within the CT1 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 | 73.810 % | £177,144 | £417,144 |
3 Month Average | 65.896 % | £158,150 | £398,150 |
6 Month Average | 41.124 % | £98,698 | £338,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £615,000 | £615,000 | 18 THE FORELAND |
5 Mar 2024 | £583,972 | £575,000 | 2A THE FORELAND |
26 Sep 2023 | £306,762 | £300,000 | 12 THE DENE |
29 Jun 2023 | £653,088 | £640,000 | 2 EALHAM CLOSE |
17 Dec 2020 | £607,010 | £525,000 | 15 THE FORELAND |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Feb 2013. Using an estimated price of £417,736 means this house is valued at £3,481 per sq meter (£323 per sq foot).
The average size of a house on NACKINGTON ROAD is 139 sq meters (1,506 sq feet).