£410,150
This estimated value is based upon the latest sale price for the house of £325,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£325,000 | 24 Oct 2017 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £325,000 results in an estimated price of approximately £410,150.
24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £325,000 | £85,150 | £410,150 |
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 | -15.002 % | £-48,756 | £276,243 |
3 Month Average | -0.482 % | £-1,567 | £323,432 |
6 Month Average | 24.065 % | £78,211 | £403,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £375,560 | £370,000 | 51 GATCOMBE CLOSE |
1 Aug 2023 | £232,030 | £230,000 | 13 HELMS WAY |
29 Mar 2023 | £254,397 | £252,000 | 7 BROWNHILL CLOSE |
8 Jun 2022 | £355,017 | £350,000 | 179 PRINCES AVENUE |
20 May 2022 | £271,618 | £266,500 | 35 GATCOMBE CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Aug 2017. Using an estimated price of £410,150 means this house is valued at £3,762 per sq meter (£349 per sq foot).
The average size of a house on HELMS WAY is 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Action to be taken by another organisation | On or near Helms Way |
Mar 2024 | Other theft | Under investigation | On or near Peacock Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Peacock Rise |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Peacock Rise |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Peacock Rise |