£312,212
This estimated value is based upon the latest sale price for the house of £215,000 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £215,000 | 26 Jun 2015 |
| £169,000 | 23 Feb 2007 |
| £148,000 | 12 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2015 the House Price Index for MEDWAY was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £215,000 results in an estimated price of approximately £312,212.
| 26 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £215,000 | £97,212 | £312,212 |
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 | 4.222 % | £9,077 | £224,077 |
| 3 Month Average | 22.000 % | £47,298 | £262,298 |
| 6 Month Average | 57.311 % | £123,219 | £338,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £396,945 | £390,000 | 6 LARCHCROFT |
| 31 Jul 2023 | £334,502 | £330,000 | 7 THE BEECHES |
| 21 Jul 2023 | £263,547 | £260,000 | 57 PRINCES AVENUE |
| 22 Mar 2023 | £359,386 | £356,000 | 12 JUNIPER CLOSE |
| 3 Mar 2023 | £388,662 | £385,000 | 3 THE BEECHES |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Feb 2014. Using an estimated price of £312,212 means this house is valued at £4,108 per sq meter (£381 per sq foot).
The average size of a house on SUSSEX DRIVE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near The Wirrals |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals |