£349,286
This estimated value is based upon the latest sale price for the house of £290,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £290,000 | 23 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2020 the House Price Index for MEDWAY was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £290,000 results in an estimated price of approximately £349,286.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £290,000 | £59,286 | £349,286 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -4.394 % | £-12,743 | £277,256 |
| 3 Month Average | -17.451 % | £-50,606 | £239,393 |
| 6 Month Average | 10.091 % | £29,262 | £319,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £346,055 | £340,000 | 17 HORSTED AVENUE |
| 21 Jul 2023 | £304,093 | £300,000 | 41 PATTENS LANE |
| 26 Jun 2023 | £258,127 | £255,000 | 110 PATTENS LANE |
| 19 Jun 2023 | £733,890 | £725,000 | 196 MAIDSTONE ROAD |
| 6 Apr 2023 | £722,782 | £715,000 | 254 MAIDSTONE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 Nov 2019. Using an estimated price of £349,287 means this house is valued at £4,259 per sq meter (£395 per sq foot).
The average size of a house on PATTENS LANE is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Pattens Close | |
| Feb 2024 | Anti-social behaviour | On or near Pattens Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pattens Close |
| Dec 2023 | Anti-social behaviour | On or near Pattens Close | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Pattens Close |