£617,879
This estimated value is based upon the latest sale price for the house of £600,000 on 28 Apr 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £600,000 | 28 Apr 2022 |
| £78,000 | 22 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 2022 the House Price Index for KENT was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £600,000 results in an estimated price of approximately £617,879.
| 28 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £600,000 | £17,879 | £617,879 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -1.753 % | £-10,520 | £589,479 |
| 3 Month Average | -15.552 % | £-93,313 | £506,686 |
| 6 Month Average | 5.515 % | £33,091 | £633,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £994,727 | £980,000 | 161 MAIDSTONE ROAD |
| 15 Aug 2023 | £706,178 | £700,000 | 276 MAIDSTONE ROAD |
| 6 Apr 2023 | £722,782 | £715,000 | 254 MAIDSTONE ROAD |
| 4 Oct 2022 | £643,076 | £650,000 | 260 MAIDSTONE ROAD |
| 28 Jun 2022 | £953,474 | £940,000 | 266 MAIDSTONE ROAD |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 5 Nov 2021. Using an estimated price of £617,879 means this house is valued at £3,168 per sq meter (£294 per sq foot).
The average size of a house on THE RIDGEWAY is 170 sq meters (1,830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near The Ridgeway |
| Dec 2023 | Drugs | Under investigation | On or near The Ridgeway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maidstone Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Maidstone Road |
| Feb 2024 | Anti-social behaviour | On or near Pattens Close |