£999,121
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 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £675,000 results in an estimated price of approximately £999,121.
| 2 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £675,000 | £324,121 | £999,121 |
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 | 64.935 % | £438,310 | £1,113,310 |
| 3 Month Average | 79.890 % | £539,258 | £1,214,258 |
| 6 Month Average | 67.134 % | £453,151 | £1,128,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £1,564,719 | £1,525,000 | 54 MARINE PARADE |
| 27 Oct 2023 | £291,623 | £285,000 | FLAT 8 TUDOR COURT, 163 TANKERTON ROAD |
| 15 Sep 2023 | £230,072 | £225,000 | FLAT 23 COPPERAS COURT, 169 TANKERTON ROAD |
| 14 Feb 2023 | £375,508 | £373,000 | FLAT 1 ABBEY COURT TANKERTON ROAD |
| 24 Oct 2022 | £286,045 | £287,000 | FLAT 3 HERON COURT, 192 TANKERTON ROAD |
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 £999,122 means this house is valued at £7,136 per sq meter (£663 per sq foot).
The average size of a house on MARINE PARADE is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near Marine Parade |