£212,698
This estimated value is based upon the latest sale price for the house of £129,995 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £129,995 | 4 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 October 2013 the House Price Index for MEDWAY was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £129,995 results in an estimated price of approximately £212,698.
| 4 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £129,995 | £82,703 | £212,698 |
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 | 150.738 % | £195,952 | £325,947 |
| 3 Month Average | 65.585 % | £85,257 | £215,252 |
| 6 Month Average | 65.790 % | £85,523 | £215,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £260,277 | £258,000 | 35 MOYLE CLOSE |
| 29 Jun 2022 | £491,952 | £485,000 | 21 LUBBOCK WALK |
| 28 Jun 2022 | £284,014 | £280,000 | 16 MOYLE CLOSE |
| 22 Apr 2022 | £262,599 | £255,000 | 32 MOYLE CLOSE |
| 17 Dec 2021 | £219,900 | £205,250 | 44 MOYLE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Jul 2013. Using an estimated price of £212,699 means this house is valued at £3,082 per sq meter (£286 per sq foot).
The average size of a house on LOVELACE CLOSE is 104 sq meters (1,127 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lovelace Close |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Lovelace Close |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Moyle Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |