£398,756
This estimated value is based upon the latest sale price for the house of £395,000 on 14 Mar 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £395,000 | 14 Mar 2023 |
| £303,000 | 19 Oct 2018 |
| 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 March 2023 the House Price Index for MEDWAY was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £395,000 results in an estimated price of approximately £398,756.
| 14 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £395,000 | £3,756 | £398,756 |
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 | -25.079 % | £-99,060 | £295,939 |
| 3 Month Average | -25.923 % | £-102,396 | £292,603 |
| 6 Month Average | -5.844 % | £-23,083 | £371,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £332,912 | £330,000 | 67 CHRISTIE CLOSE |
| 9 Jun 2023 | £258,127 | £255,000 | 11 EMILY ROAD |
| 14 Mar 2023 | £398,757 | £395,000 | 2 DEFOE CLOSE |
| 24 Jun 2022 | £268,799 | £265,000 | 2 HARDY CLOSE |
| 24 Jun 2022 | £202,867 | £200,000 | 35 CHRISTIE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 2 Mar 2018. Using an estimated price of £398,757 means this house is valued at £4,636 per sq meter (£430 per sq foot).
There is one other house on the street which we know the size of, this is 1 DEFOE CLOSE it is 72.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Defoe Close |
| Feb 2024 | Public order | Under investigation | On or near Christie Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hardy Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
| Mar 2024 | Anti-social behaviour | On or near Emily Road |