£253,147
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £205,000 | 28 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2018 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £205,000 results in an estimated price of approximately £253,147.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £205,000 | £48,147 | £253,147 |
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 | -3.951 % | £-8,099 | £196,900 |
| 3 Month Average | -8.606 % | £-17,641 | £187,358 |
| 6 Month Average | 19.047 % | £39,046 | £244,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £286,238 | £282,000 | 13 CRESTWAY |
| 22 Nov 2023 | £197,930 | £195,000 | 19 BRACKEN LEA |
| 1 Sep 2023 | £374,792 | £370,000 | 7 BRIER CLOSE |
| 18 Aug 2023 | £403,530 | £400,000 | 2 ASH CLOSE |
| 20 Apr 2023 | £227,449 | £225,000 | 7 STONECROSS LEA |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Jul 2018. Using an estimated price of £253,147 means this house is valued at £3,955 per sq meter (£367 per sq foot).
The average size of a house on CRESTWAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Holly Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holly Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Close |