£229,921
This estimated value is based upon the latest sale price for the house of £135,000 on 10 Aug 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £135,000 | 10 Aug 2012 |
| £145,000 | 1 Feb 2007 |
| £131,000 | 26 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2012 the House Price Index for MEDWAY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £135,000 results in an estimated price of approximately £229,921.
| 10 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £135,000 | £94,921 | £229,921 |
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 | 47.268 % | £63,812 | £198,812 |
| 3 Month Average | 55.846 % | £75,391 | £210,391 |
| 6 Month Average | 93.496 % | £126,220 | £261,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £303,885 | £300,000 | 19 COPPERTREE WALK |
| 11 Aug 2023 | £297,351 | £294,750 | 29 COPPERTREE WALK |
| 17 Jul 2023 | £304,093 | £300,000 | 16 CROFT CLOSE |
| 1 Jun 2023 | £318,862 | £315,000 | 23 COPPERTREE WALK |
| 19 Apr 2022 | £303,791 | £295,000 | 3 COPPERTREE WALK |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Mar 2012. Using an estimated price of £229,922 means this house is valued at £2,874 per sq meter (£267 per sq foot).
The average size of a house on BRINDLE WAY is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Brindle Way |