£263,399
This estimated value is based upon the latest sale price for the house of £175,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 30 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2014 the House Price Index for MEDWAY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £175,000 results in an estimated price of approximately £263,399.
| 30 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £175,000 | £88,399 | £263,399 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 135.128 % | £236,474 | £411,474 |
| 3 Month Average | 53.879 % | £94,288 | £269,288 |
| 6 Month Average | 60.762 % | £106,334 | £281,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £353,089 | £350,000 | 39 STURRY WAY |
| 7 Jul 2023 | £253,411 | £250,000 | 6 PRESTON WAY |
| 16 Jun 2023 | £293,556 | £290,000 | 12 CRUNDALE ROAD |
| 25 Apr 2023 | £283,048 | £280,000 | 27 WALTHAM ROAD |
| 4 Apr 2023 | £242,612 | £240,000 | 1 BODIAM CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Apr 2014. Using an estimated price of £263,399 means this house is valued at £3,292 per sq meter (£305 per sq foot).
The average size of a house on STURRY WAY is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sturry Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Woodchurch Crescent |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Woodchurch Crescent |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Woodchurch Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bodiam Close |