£1,000,445
This estimated value is based upon the latest sale price for the house of £700,000 on 24 Sep 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£700,000 | 24 Sep 2015 |
Detached |
Freehold |
Floor Area: 178 sq meters or 1,915 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 September 2015 the House Price Index for KENT was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £700,000 results in an estimated price of approximately £1,000,445.
24 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £700,000 | £300,445 | £1,000,445 |
The Postcode Pricing Model uses changes in average sales price within the TN10 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 | -9.333 % | £-65,329 | £634,670 |
3 Month Average | 44.484 % | £311,389 | £1,011,389 |
6 Month Average | 34.718 % | £243,025 | £943,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £868,341 | £855,000 | 68 RIDGEWAY CRESCENT |
1 Sep 2023 | £971,414 | £950,000 | 8 ELY GARDENS |
11 Aug 2023 | £1,140,571 | £1,120,000 | 23 THE RIDGEWAY |
31 Mar 2023 | £1,118,682 | £1,100,000 | 46 THE RIDGEWAY |
20 Jan 2023 | £822,197 | £820,000 | 48 RIDGEWAY CRESCENT |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 8 Jul 2013. Using an estimated price of £1,000,445 means this house is valued at £5,620 per sq meter (£522 per sq foot).
The average size of a house on THE RIDGEWAY is 187 sq meters (2,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgeway Crescent |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Royal West Kent Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal West Kent Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Royal West Kent Avenue |