£225,436
This estimated value is based upon the latest sale price for the house of £145,000 on 12 Oct 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £145,000 | 12 Oct 2007 |
| £37,500 | 5 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2007 the House Price Index for MEDWAY was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £145,000 results in an estimated price of approximately £225,436.
| 12 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £145,000 | £80,436 | £225,436 |
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 | 28.653 % | £41,547 | £186,547 |
| 3 Month Average | 47.150 % | £68,367 | £213,367 |
| 6 Month Average | 79.635 % | £115,470 | £260,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £369,980 | £365,000 | 43 FALLOWFIELD |
| 28 Jul 2023 | £354,775 | £350,000 | 34 LIMETREE CLOSE |
| 6 Jul 2023 | £385,184 | £380,000 | 12 LIMETREE CLOSE |
| 30 Jun 2023 | £182,207 | £180,000 | 3 SOLENT GARDENS |
| 21 Mar 2023 | £363,424 | £360,000 | 35 FALLOWFIELD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Nov 2013. Using an estimated price of £225,436 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on HEATHFIELD CLOSE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathfield Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Solent Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Solent Gardens |