£244,203
This estimated value is based upon the latest sale price for the house of £159,995 on 23 May 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £159,995 | 23 May 2014 |
| £132,995 | 31 Jan 2006 |
| £130,000 | 22 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2014 the House Price Index for MEDWAY was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £159,995 results in an estimated price of approximately £244,203.
| 23 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £159,995 | £84,208 | £244,203 |
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 | 29.617 % | £47,386 | £207,381 |
| 3 Month Average | 43.827 % | £70,121 | £230,116 |
| 6 Month Average | 76.313 % | £122,097 | £282,092 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 27 Sep 2012.
The average size of a house on COLCHESTER CLOSE is 60 sq meters (647 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Colchester Close | |
| Mar 2024 | Anti-social behaviour | On or near Colchester Close | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Close |
| Mar 2024 | Public order | Under investigation | On or near Eden Avenue |