£429,266
This estimated value is based upon the latest sale price for the house of £355,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £355,000 | 17 Jul 2020 |
| £195,000 | 27 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 2020 the House Price Index for MEDWAY was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £355,000 results in an estimated price of approximately £429,266.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £355,000 | £74,266 | £429,266 |
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 | 15.686 % | £55,686 | £410,686 |
| 3 Month Average | -6.735 % | £-23,910 | £331,089 |
| 6 Month Average | 17.657 % | £62,683 | £417,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £456,762 | £450,000 | 28B CHESTNUT AVENUE |
| 4 Aug 2023 | £393,442 | £390,000 | 17 RUGBY CLOSE |
| 27 Jan 2023 | £364,284 | £366,000 | 21 WINCHESTER AVENUE |
| 27 Jan 2023 | £348,359 | £350,000 | 9 WINCHESTER AVENUE |
| 21 Mar 2022 | £455,955 | £440,000 | 52 CHESTNUT AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 20 Sep 2019. Using an estimated price of £429,267 means this house is valued at £3,732 per sq meter (£346 per sq foot).
The average size of a house on RUGBY CLOSE is 130 sq meters (1,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Rugby Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winchester Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Avenue |
| Mar 2024 | Anti-social behaviour | On or near Repton Way |