£289,223
This estimated value is based upon the latest sale price for the house of £252,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£252,000 | 14 Dec 2020 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £252,000 results in an estimated price of approximately £289,223.
14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £252,000 | £37,223 | £289,223 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | -1.066 % | £-2,685 | £249,314 |
3 Month Average | 7.736 % | £19,495 | £271,495 |
6 Month Average | 8.506 % | £21,434 | £273,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £430,211 | £425,000 | 28 THRALE WAY |
16 Jun 2023 | £496,008 | £490,000 | 42 MIDDLETON CLOSE |
5 Apr 2023 | £361,897 | £358,000 | 35 TYLER DRIVE |
14 Nov 2022 | £328,027 | £332,000 | 29 STIRLING CLOSE |
12 Aug 2022 | £349,060 | £350,000 | 44 TYLER DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Aug 2020. Using an estimated price of £289,224 means this house is valued at £4,131 per sq meter (£383 per sq foot).
The average size of a house on TYLER DRIVE is 89 sq meters (959 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyler Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyler Drive |
Dec 2023 | Other crime | Unable to prosecute suspect | On or near Stirling Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Style Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Gregory Close |