£386,823
This estimated value is based upon the latest sale price for the house of £295,000 on 6 Dec 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £295,000 | 6 Dec 2016 |
| £71,000 | 1 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 December 2016 the House Price Index for KENT was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £295,000 results in an estimated price of approximately £386,823.
| 6 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £295,000 | £91,823 | £386,823 |
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 | -17.022 % | £-50,215 | £244,784 |
| 3 Month Average | 17.273 % | £50,955 | £345,955 |
| 6 Month Average | 28.003 % | £82,609 | £377,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £460,893 | £455,000 | 93 RAMSGATE ROAD |
| 31 Mar 2023 | £343,234 | £340,000 | 1 PRIORY CLOSE |
| 30 Jun 2022 | £456,451 | £450,000 | 136 RAMSGATE ROAD |
| 18 Feb 2022 | £817,982 | £780,000 | 3 SALISBURY AVENUE |
| 11 Nov 2021 | £438,013 | £405,000 | 191A RAMSGATE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 1 Jul 2016. Using an estimated price of £386,824 means this house is valued at £4,071 per sq meter (£378 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Sanctuary Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sanctuary Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Darnley Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Darnley Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Darnley Close |