£987,775
This estimated value is based upon the latest sale price for the house of £675,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £675,000 | 2 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 140 sq meters or 1,506 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 April 2015 the House Price Index for KENT was 101.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.337%.Applying this 46.337% change to the original purchase price of £675,000 results in an estimated price of approximately £987,775.
| 2 Apr 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.0 | 46.337 % | £675,000 | £312,775 | £987,775 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | 22.725 % | £153,394 | £828,394 |
| 3 Month Average | 36.049 % | £243,332 | £918,332 |
| 6 Month Average | 52.862 % | £356,819 | £1,031,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £1,544,832 | £1,525,000 | 54 MARINE PARADE |
| 24 Oct 2022 | £282,796 | £287,000 | FLAT 3 HERON COURT, 192 TANKERTON ROAD |
| 14 Jul 2022 | £414,440 | £415,000 | FLAT 4 ROBIN COURT, 157 TANKERTON ROAD |
| 23 Jun 2022 | £303,072 | £300,000 | 188A TANKERTON ROAD |
| 24 May 2022 | £304,527 | £300,000 | 59A MARINE PARADE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 26 Mar 2014. Using an estimated price of £987,776 means this house is valued at £7,055 per sq meter (£655 per sq foot).
The average size of a house on MARINE PARADE is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Marine Parade |
| Mar 2024 | Shoplifting | Under investigation | On or near Marine Parade |