£407,117
This estimated value is based upon the latest sale price for the house of £413,500 on 15 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £413,500 | 15 Aug 2022 |
| £320,000 | 21 Oct 2016 |
| £228,000 | 7 Mar 2008 |
| £94,995 | 7 Sep 1999 |
| £84,000 | 20 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £413,500 results in an estimated price of approximately £407,117.
| 15 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £413,500 | £-6,382 | £407,117 |
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 | -18.517 % | £-76,568 | £336,931 |
| 3 Month Average | -9.110 % | £-37,671 | £375,828 |
| 6 Month Average | -2.854 % | £-11,799 | £401,700 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Aug 2016.
The average size of a house on NORMAN CLOSE is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Clematis Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Clematis Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wigmore Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairview Avenue |