£425,594
This estimated value is based upon the latest sale price for the house of £169,995 on 10 Dec 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £169,995 | 10 Dec 2002 |
| £96,500 | 26 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2002 the House Price Index for MEDWAY was 58.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 150.357%.Applying this 150.357% change to the original purchase price of £169,995 results in an estimated price of approximately £425,594.
| 10 Dec 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 146.7 | 150.357 % | £169,995 | £255,599 | £425,594 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 151.323 % | £257,241 | £427,236 |
| 3 Month Average | 124.694 % | £211,974 | £381,969 |
| 6 Month Average | 129.027 % | £219,339 | £389,334 |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 31 May 2019.
The average size of a house on PATTENS LANE is 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beresford Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Beresford Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Huntsmans Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Huntsmans Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Huntsmans Close |