£268,578
This estimated value is based upon the latest sale price for the house of £214,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £214,000 | 12 Jan 2018 |
| £123,000 | 9 Oct 2006 |
| £105,000 | 16 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2018 the House Price Index for MEDWAY was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £214,000 results in an estimated price of approximately £268,578.
| 12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £214,000 | £54,578 | £268,578 |
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 | -11.786 % | £-25,221 | £188,778 |
| 3 Month Average | 1.456 % | £3,116 | £217,116 |
| 6 Month Average | 22.024 % | £47,130 | £261,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £136,748 | £135,000 | FLAT 11 LINDEN HOUSE SILVERWEED ROAD |
| 9 Aug 2023 | £274,401 | £272,000 | 12 BARRINGTON CLOSE |
| 13 Jan 2023 | £238,875 | £240,000 | 20 BARRINGTON CLOSE |
| 29 Apr 2022 | £295,552 | £287,000 | 22 BARRINGTON CLOSE |
| 7 Apr 2022 | £272,897 | £265,000 | 12 MYRTLE CRESCENT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Aug 2017. Using an estimated price of £268,579 means this house is valued at £4,131 per sq meter (£383 per sq foot).
The average size of a house on HEATHER CLOSE is 120 sq meters (1,297 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Heather Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heather Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Heather Close |