£272,636
This estimated value is based upon the latest sale price for the house of £220,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Findlay Close
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| Price Paid | Date |
|---|---|
| £220,000 | 27 Jul 2018 |
| £150,000 | 7 May 2004 |
| £71,950 | 26 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 July 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £220,000 results in an estimated price of approximately £272,636.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £220,000 | £52,636 | £272,636 |
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 | 73.521 % | £161,745 | £381,745 |
| 3 Month Average | 11.554 % | £25,419 | £245,419 |
| 6 Month Average | 11.705 % | £25,750 | £245,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £181,589 | £180,000 | 11 FINDLAY CLOSE |
| 17 Mar 2023 | £431,566 | £427,500 | 323 LONSDALE DRIVE |
| 12 Jan 2023 | £627,046 | £630,000 | 3 DE MERE CLOSE |
| 14 Apr 2022 | £339,834 | £330,000 | 20 WIMBOURNE DRIVE |
| 25 Mar 2022 | £363,417 | £350,700 | 14 WIMBOURNE DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 10 Jul 2018. Using an estimated price of £272,636 means this house is valued at £2,271 per sq meter (£211 per sq foot).
The average size of a house on LONSDALE DRIVE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Findlay Close |
| Mar 2024 | Anti-social behaviour | On or near Cowbeck Close | |
| Mar 2024 | Anti-social behaviour | On or near Cowbeck Close | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cowbeck Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowbeck Close |