METHODIST CHAPEL, PATRIXBOURNE ROAD, BRIDGE, CANTERBURY, CT4 5BL - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

METHODIST CHAPEL is a detached house, which could now be worth an estimated £482,031. It was last sold for £425,000 in January 2020, which was around 12% below the average January 2020 detached price in the Canterbury local authority area.

METHODIST CHAPEL Sold Prices

Land registry data shows two sales for METHODIST CHAPEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Both of the two METHODIST CHAPEL sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 6 JAN	£425,000	£485,701	12% below HPI
2018 9 APR	£295,000	£475,570	38% below HPI

What might METHODIST CHAPEL be worth now?

METHODIST CHAPEL might now be worth an estimated £482,031.

This is based on house price inflation of 13.4%, between January 2020 and May 2026, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for METHODIST CHAPEL of £425,000 on 6th January 2020. For the value to have increased from £425,000 to £482,031 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of METHODIST CHAPEL has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The January 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of METHODIST CHAPEL has not materially changed since January 2020.

Where is METHODIST CHAPEL?

METHODIST CHAPEL is located on PATRIXBOURNE ROAD in BRIDGE, in the CT4 postcode district.