£369,717
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £290,000 | 28 Jul 2017 |
| £175,000 | 26 Oct 2009 |
| £94,995 | 2 Dec 2000 |
| £56,000 | 6 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2017 the House Price Index for MEDWAY was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £290,000 results in an estimated price of approximately £369,717.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £290,000 | £79,717 | £369,717 |
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 | -4.680 % | £-13,573 | £276,426 |
| 3 Month Average | 3.683 % | £10,681 | £300,681 |
| 6 Month Average | 27.375 % | £79,387 | £369,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £396,945 | £390,000 | 6 LARCHCROFT |
| 24 Nov 2023 | £236,501 | £233,000 | 8 URQUHART CLOSE |
| 31 Jul 2023 | £334,502 | £330,000 | 7 THE BEECHES |
| 22 Mar 2023 | £359,386 | £356,000 | 12 JUNIPER CLOSE |
| 3 Mar 2023 | £388,662 | £385,000 | 3 THE BEECHES |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Jul 2016. Using an estimated price of £369,718 means this house is valued at £3,975 per sq meter (£369 per sq foot).
The average size of a house on SUSSEX DRIVE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Juniper Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Juniper Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Juniper Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Urquhart Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Urquhart Close |