Flats/Maisonettes

4 RIVERBANK WAY

ASHFORD, KENT, TN24 0PZ

£140,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Willow Close 0.1 miles
Shop Earls Supermarket 0.1 miles
Train station Ashford International 1.0 miles
Hospital William Harvey Hospital (Ashford) 1.7 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Last sold

£140,000 Mar 2026

Local average

£155,250 (8 sales)

Street crime

147 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 02/03/2026 £140,000 Flat £141,037 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
30 WHITE WILLOW CLOSE, ASHFORD, KENT, TN24 0SB £155,000 01/12/2025 Flat
6 RICHARD HILLARY CLOSE, ASHFORD, KENT, TN24 0SF £155,000 09/08/2023 Flat
53 EAST STOUR WAY, ASHFORD, KENT, TN24 0SX £150,000 14/04/2023 Flat
125 EARLSWORTH ROAD, WILLESBOROUGH, ASHFORD, KENT, TN24 0GU £164,995 06/04/2023 Flat
40 RICHARD HILLARY CLOSE, ASHFORD, KENT, TN24 0SF £138,000 14/12/2022 Flat
14 EAST STOUR WAY, ASHFORD, KENT, TN24 0SX £156,000 13/12/2022 Flat
47 WHITE WILLOW CLOSE, ASHFORD, KENT, TN24 0RX £170,000 08/12/2022 Flat
49 RIVERBANK WAY, ASHFORD, KENT, TN24 0PZ £153,000 18/11/2022 Flat
47 EAST STOUR WAY, ASHFORD, KENT, TN24 0SX £162,000 11/11/2022 Flat
62 RIVERBANK WAY, ASHFORD, KENT, TN24 0PZ £170,000 04/11/2022 Flat
22 WHITE WILLOW CLOSE, ASHFORD, KENT, TN24 0SB £165,000 12/10/2022 Flat
62 EAST STOUR WAY, ASHFORD, KENT, TN24 0SX £145,000 11/08/2022 Flat
4 JACOBS OAK, ASHFORD, KENT, TN24 0QT £155,000 02/08/2022 Flat
36 WHITE WILLOW CLOSE, ASHFORD, KENT, TN24 0SB £150,000 29/07/2022 Flat
47 RICHARD HILLARY CLOSE, ASHFORD, KENT, TN24 0SF £165,100 15/07/2022 Flat
8 KINGS PROSPECT, ASHFORD, KENT, TN24 0JB £180,495 30/06/2022 Flat
39 RICHARD HILLARY CLOSE, ASHFORD, KENT, TN24 0SF £170,000 30/06/2022 Flat
8 RIVERBANK WAY, ASHFORD, KENT, TN24 0PZ £145,000 28/06/2022 Flat
54 RIVERBANK WAY, ASHFORD, KENT, TN24 0PZ £149,995 20/05/2022 Flat
5 KINGS PROSPECT, ASHFORD, KENT, TN24 0GX £182,500 13/05/2022 Flat

Area average: £159,104 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9.3%
10y growth 42.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Ashford. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.1%
5y (index) 3.3%
10y (index) 21.6%

Rental Range

Estimated market rent for Ashford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,120/mo
Realistic £1,244/mo
Optimistic £1,368/mo

Based on Local Authority from postcode lookup → Ashford.

LHA (30th percentile) floor for Ashford: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Richard Hillary Close, TN24 £1,200/mo 2 0.2 miles OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.86%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 10.3%
Cost-to-rent ratio 9.7×
Monthly cashflow £504/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 14.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 55
Anti-social behaviour 27
Shoplifting 26
Criminal damage and arson 10
Other theft 8
Other crime 7
Public order 4
Vehicle crime 4
Burglary 3
Bicycle theft 1
Robbery 1
Theft from the person 1
Total incidents 147

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
East Stour Primary School Primary 0.1 miles Good — 23 Jul 2015
Finberry Primary School Primary 0.8 miles Good — 18 Oct 2018
The North School Secondary 1.0 miles Good — 19 Oct 2017
Kingsnorth Church of England Primary School Primary 1.1 miles Good — 10 Apr 2013
Furley Park Primary Academy Primary 1.1 miles (Inspected (no overall grade))

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.