£201,607
This estimated value is based upon the latest sale price for the house of £128,500 on 17 Aug 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £128,500 | 17 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 August 2007 the House Price Index for MEDWAY was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £128,500 results in an estimated price of approximately £201,607.
| 17 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £128,500 | £73,107 | £201,607 |
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 | 32.414 % | £41,651 | £170,151 |
| 3 Month Average | 46.063 % | £59,190 | £187,690 |
| 6 Month Average | 80.274 % | £103,152 | £231,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £253,411 | £250,000 | 10 FLAMINGO CLOSE |
| 3 Apr 2023 | £262,830 | £260,000 | 37 FLAMINGO CLOSE |
| 24 Feb 2023 | £239,839 | £240,000 | 9 FLAMINGO CLOSE |
| 10 Aug 2022 | £218,412 | £219,000 | 51 CHAFFINCH CLOSE |
| 29 Apr 2022 | £293,493 | £285,000 | 26 CHAFFINCH CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 28 Jul 2014. Using an estimated price of £201,607 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on FLAMINGO CLOSE is 47 sq meters (508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Clover Bank View |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaffinch Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chaffinch Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heritage Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Road |