£244,625
This estimated value is based upon the latest sale price for the house of £202,000 on 22 Jun 2020. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £202,000 | 22 Jun 2020 |
| £209,000 | 24 Jan 2020 |
| £230,000 | 30 Apr 2019 |
| £180,000 | 30 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 2020 the House Price Index for KENT was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £202,000 results in an estimated price of approximately £244,625.
| 22 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £202,000 | £42,625 | £244,625 |
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 | -63.984 % | £-129,247 | £72,752 |
| 3 Month Average | -7.323 % | £-14,792 | £187,207 |
| 6 Month Average | 8.428 % | £17,023 | £219,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £395,051 | £390,000 | 33 ARTILLERY ROAD |
| 5 Jul 2023 | £278,752 | £275,000 | 2 VICTORIA MEWS |
| 16 Jun 2023 | £364,414 | £360,000 | 21 BELLEVUE AVENUE |
| 17 Jun 2022 | £202,867 | £200,000 | 3B ARKLOW SQUARE |
| 3 Nov 2021 | £20,819 | £19,250 | GARAGE VICTORIA ROAD |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 28 Feb 2020. Using an estimated price of £244,625 means this house is valued at £1,111 per sq meter (£103 per sq foot).
The average size of a house on ARKLOW SQUARE is 120 sq meters (1,292 sq feet).
This house is the largest in the street with a floor area of 220 sq meters (2,368 sq feet).