£380,160
This estimated value is based upon the latest sale price for the house of £310,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £310,000 | 4 Oct 2019 |
| £265,000 | 21 Aug 2015 |
| £199,950 | 6 Jan 2006 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 October 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 22.632%.Applying this 22.632% change to the original purchase price of £310,000 results in an estimated price of approximately £380,160.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £310,000 | £70,160 | £380,160 |
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 | -11.983 % | £-37,147 | £272,852 |
| 3 Month Average | -2.067 % | £-6,407 | £303,592 |
| 6 Month Average | 20.502 % | £63,555 | £373,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £249,693 | £246,500 | 27 BRENZETT CLOSE |
| 1 Aug 2023 | £372,257 | £369,000 | 25 DOWNLAND WALK |
| 1 Aug 2023 | £232,030 | £230,000 | 13 HELMS WAY |
| 14 Apr 2023 | £269,906 | £267,000 | 54 BRENZETT CLOSE |
| 28 Oct 2022 | £544,141 | £550,000 | 193 PRINCES AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Jan 2015. Using an estimated price of £380,160 means this house is valued at £3,424 per sq meter (£318 per sq foot).
The average size of a house on DOWNLAND WALK is 114 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Helms Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenterden Road |
| Mar 2024 | Anti-social behaviour | On or near Tenterden Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenterden Road |