£298,546
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 22 Jun 2018 |
| £184,995 | 25 Jul 2014 |
| £170,000 | 31 Oct 2007 |
| £149,000 | 3 Oct 2005 |
| £87,000 | 30 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in June 2018 the House Price Index for MEDWAY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £240,000 results in an estimated price of approximately £298,546.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £240,000 | £58,546 | £298,546 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -14.743 % | £-35,382 | £204,617 |
| 3 Month Average | 1.889 % | £4,533 | £244,533 |
| 6 Month Average | 21.805 % | £52,332 | £292,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £309,583 | £305,000 | 2 GREENWICH CLOSE |
| 29 Aug 2023 | £267,339 | £265,000 | 18 REDBRIDGE CLOSE |
| 18 Aug 2023 | £287,515 | £285,000 | 10 GREENWICH CLOSE |
| 2 Feb 2023 | £349,765 | £350,000 | 4 RICHMOND CLOSE |
| 15 Jul 2022 | £348,438 | £347,500 | 29 KINGSTON CRESCENT |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Jun 2015. Using an estimated price of £298,546 means this house is valued at £3,109 per sq meter (£288 per sq foot).
The average size of a house on CAMDEN CLOSE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbridge Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbridge Close |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Redbridge Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenwich Close |
| Dec 2023 | Other crime | Under investigation | On or near Greenwich Close |