£218,491
This estimated value is based upon the latest sale price for the house of £69,000 on 19 Dec 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £69,000 | 19 Dec 2001 |
| £51,000 | 14 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 483 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 December 2001 the House Price Index for MEDWAY was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £69,000 results in an estimated price of approximately £218,491.
| 19 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £69,000 | £149,491 | £218,491 |
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 | 151.480 % | £104,521 | £173,521 |
| 3 Month Average | 183.534 % | £126,638 | £195,638 |
| 6 Month Average | 239.594 % | £165,319 | £234,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £263,367 | £260,000 | 32 FRESHWATER ROAD |
| 9 Sep 2022 | £262,381 | £264,500 | 80 FRESHWATER ROAD |
| 4 Jul 2022 | £302,815 | £302,000 | 66 FRESHWATER ROAD |
| 27 Sep 2021 | £290,950 | £270,000 | 16 ANGLESEY CLOSE |
| 24 Sep 2021 | £258,622 | £240,000 | 19 KINROSS CLOSE |
This house has a floor area of 44 sq meters or 483 sq feet when measured on 2 Feb 2010. Using an estimated price of £218,492 means this house is valued at £4,861 per sq meter (£451 per sq foot).
The average size of a house on HERON WAY is 58 sq meters (626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Anglesey Close | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penfold Close |
| Feb 2024 | Anti-social behaviour | On or near Coverdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Coverdale Close | |
| Jan 2024 | Anti-social behaviour | On or near Fisher Road |