£509,231
This estimated value is based upon the latest sale price for the house of £215,000 on 7 May 2003. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 7 May 2003 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2003 the House Price Index for KENT was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £215,000 results in an estimated price of approximately £509,231.
| 7 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £215,000 | £294,231 | £509,231 |
The Postcode Pricing Model uses changes in average sales price within the CT6 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 | 118.177 % | £254,080 | £469,080 |
| 3 Month Average | 130.106 % | £279,728 | £494,728 |
| 6 Month Average | 127.373 % | £273,851 | £488,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £620,863 | £610,000 | APARTMENT B HORIZON VIEW, 37 WESTERN ESPLANADE |
| 14 Sep 2023 | £683,742 | £675,000 | 48 WESTERN ESPLANADE |
| 23 Mar 2023 | £348,281 | £345,000 | 32 ALEXANDRIA DRIVE |
| 17 Jun 2022 | £349,945 | £345,000 | 34 ALEXANDRIA DRIVE |
| 17 Jun 2022 | £436,164 | £430,000 | 7 ALEXANDRIA DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Mar 2015. Using an estimated price of £509,231 means this house is valued at £5,475 per sq meter (£508 per sq foot).
The average size of a house on RIDGEWAY CLIFF is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Drive |
| Jan 2024 | Other theft | Under investigation | On or near Victoria Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandria Drive |