£301,822
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Jul 2016. This value is then adjusted by the current Official House Price Index for KENT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 25 Jul 2016 |
| £125,000 | 9 Sep 2008 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £225,000 results in an estimated price of approximately £301,822.
| 25 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £225,000 | £76,822 | £301,822 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | 4.254 % | £9,570 | £234,570 |
| 3 Month Average | 26.014 % | £58,531 | £283,531 |
| 6 Month Average | 36.164 % | £81,369 | £306,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £181,577 | £180,000 | 92 - 94 RAMSGATE ROAD |
| 26 Oct 2023 | £254,787 | £249,000 | 20 GLADSTONE ROAD |
| 18 Jan 2023 | £355,951 | £355,000 | 25 ALEXANDRA ROAD |
| 31 Mar 2022 | £88,734 | £85,000 | FLAT 2 51 RAMSGATE ROAD |
| 4 Feb 2022 | £364,478 | £345,000 | 33 RAMSGATE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 16 Nov 2016. Using an estimated price of £301,822 means this house is valued at £2,536 per sq meter (£235 per sq foot).
The average size of a house on RAMSGATE ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near The Greenfinches |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Greenfinches |
| Jul 2024 | Public order | Under investigation | On or near The Greenfinches |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Greenfinches |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Greenfinches |