£274,410
This estimated value is based upon the latest sale price for the house of £220,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £220,000 | 31 May 2018 |
| £178,000 | 30 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2018 the House Price Index for MEDWAY was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £220,000 results in an estimated price of approximately £274,410.
| 31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £220,000 | £54,410 | £274,410 |
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 | -8.083 % | £-17,782 | £202,217 |
| 3 Month Average | -4.606 % | £-10,133 | £209,866 |
| 6 Month Average | 23.336 % | £51,339 | £271,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £212,720 | £210,000 | 28 DOWNSVIEW |
| 4 Aug 2023 | £428,751 | £425,000 | 10 NUTFIELD CLOSE |
| 17 Jan 2023 | £378,218 | £380,000 | 40 DOWNSVIEW |
| 5 Jan 2023 | £268,734 | £270,000 | 46 SHANKLIN CLOSE |
| 25 Nov 2022 | £469,315 | £475,000 | 4 MAUNDERS CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Jan 2018. Using an estimated price of £274,410 means this house is valued at £3,190 per sq meter (£296 per sq foot).
The average size of a house on SHANKLIN CLOSE is 77 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Shanklin Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Shanklin Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Shanklin Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Shanklin Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Shanklin Close |