£511,030
This estimated value is based upon the latest sale price for the house of £274,995 on 26 Nov 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £274,995 | 26 Nov 2004 |
| £249,000 | 11 Mar 2004 |
| £169,995 | 13 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,176 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 November 2004 the House Price Index for MEDWAY was 78.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.833%.Applying this 85.833% change to the original purchase price of £274,995 results in an estimated price of approximately £511,030.
| 26 Nov 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 146.7 | 85.833 % | £274,995 | £236,035 | £511,030 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 20.876 % | £57,407 | £332,402 |
| 3 Month Average | 73.953 % | £203,368 | £478,363 |
| 6 Month Average | 85.390 % | £234,818 | £509,813 |
This house has a floor area of 109 sq meters or 1,176 sq feet when measured on 30 Jan 2012.
The average size of a house on COBB CLOSE is 133 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Romsey Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Petrol Station |