£282,082
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Nov 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Nov 2019 |
| £245,000 | 27 Jul 2017 |
| £150,000 | 28 Oct 2011 |
| £150,000 | 24 Sep 2004 |
| £72,500 | 19 May 2000 |
| £61,000 | 26 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 874 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 November 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £230,000 results in an estimated price of approximately £282,082.
| 5 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £230,000 | £52,082 | £282,082 |
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 | -8.768 % | £-20,165 | £209,834 |
| 3 Month Average | -3.033 % | £-6,975 | £223,024 |
| 6 Month Average | 21.137 % | £48,615 | £278,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £337,957 | £335,000 | 15 DANE CLOSE |
| 4 Aug 2023 | £252,206 | £250,000 | 3 DANE CLOSE |
| 10 Feb 2023 | £286,807 | £287,000 | 18 NASH CLOSE |
| 2 Sep 2022 | £386,876 | £390,000 | 73 COURTFIELD AVENUE |
| 1 Jun 2022 | £291,621 | £287,500 | 31 COPPICE ROAD |
This house has a floor area of 81 sq meters or 874 sq feet when measured on 3 Mar 2011. Using an estimated price of £282,083 means this house is valued at £3,471 per sq meter (£322 per sq foot).
The average size of a house on COPPICE ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Coppice Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Flint Green |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mincers Close |