£174,457
This estimated value is based upon the latest sale price for the house of £89,500 on 6 Jul 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £89,500 | 6 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 July 2004 the House Price Index for KENT was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £89,500 results in an estimated price of approximately £174,457.
| 6 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £89,500 | £84,957 | £174,457 |
The Postcode Pricing Model uses changes in average sales price within the CT10 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 | 46.989 % | £42,054 | £131,554 |
| 3 Month Average | 89.765 % | £80,340 | £169,840 |
| 6 Month Average | 108.277 % | £96,907 | £186,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £94,249 | £92,600 | FLAT 4 WOOD BURY, 2 THE VALE |
| 31 Aug 2023 | £428,751 | £425,000 | 46 YARROW CLOSE |
| 24 Apr 2023 | £217,340 | £215,000 | 22 YARROW CLOSE |
| 27 Feb 2023 | £290,804 | £291,000 | FLAT 1 WOOD BURY, 2 THE VALE |
| 16 Jan 2023 | £114,461 | £115,000 | FLAT 5A WOOD BURY, 2 THE VALE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 22 May 2020. Using an estimated price of £174,457 means this house is valued at £3,711 per sq meter (£344 per sq foot).
The average size of a house on RAMSGATE ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wrotham Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrotham Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrotham Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrotham Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrotham Crescent |