48, RIVERSIDE CLOSE, BRIDGE, CANTERBURY, CT4 5TN - £126,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 RIVERSIDE CLOSE is a very large flat of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £120,858. It was last sold for £126,000 in February 2022, which was around 36% below the average February 2022 flat price in the Canterbury local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

48 RIVERSIDE CLOSE Sold Prices

Land registry data shows four sales for 48 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Canterbury local authority area for the corresponding sale date. Most of the four 48 RIVERSIDE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 FEB	£126,000	£196,949	36% below HPI
2019 29 NOV	£119,750	£182,906	35% below HPI
2015 28 APR	£135,000	£153,745	12% below HPI
1999 15 JUN	£55,000	£45,672	20% above HPI

What might 48 RIVERSIDE CLOSE be worth now?

48 RIVERSIDE CLOSE might now be worth an estimated £120,858.

This is based on house price deflation of 4.1%, between February 2022 and May 2026, for flats, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% deflationary decrease is applied to the most recent sale price for 48 RIVERSIDE CLOSE of £126,000 on 28th February 2022. For the value to have decreased from £126,000 to £120,858 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 48 RIVERSIDE CLOSE has moved in line with the HPI for flats in the Canterbury local authority area.
• The February 2022 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 48 RIVERSIDE CLOSE has not materially changed since February 2022.

How Large is 48 RIVERSIDE CLOSE?

48 RIVERSIDE CLOSE is 54m² according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of flats in Bridge, based on EPC data. 89% of flats are smaller than 48 RIVERSIDE CLOSE, and 11% of flats are larger. Note that EPC data is not available for all properties in Bridge.

48 RIVERSIDE CLOSE: Plot

48 RIVERSIDE CLOSE sits on a plot of roughly 0.267 of an acre, or 1,082m².

Where is 48 RIVERSIDE CLOSE?

48 RIVERSIDE CLOSE is located in BRIDGE, in the CT4 postcode district.