£228,392
This estimated value is based upon the latest sale price for the house of £197,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £197,000 | 27 Nov 2020 |
| £140,000 | 22 Aug 2014 |
| £115,000 | 6 Jan 2006 |
| £84,995 | 11 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 November 2020 the House Price Index for MEDWAY was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £197,000 results in an estimated price of approximately £228,392.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £197,000 | £31,392 | £228,392 |
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 | -19.849 % | £-39,102 | £157,897 |
| 3 Month Average | -8.053 % | £-15,863 | £181,136 |
| 6 Month Average | 10.482 % | £20,649 | £217,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £418,947 | £415,000 | 32 GLAMIS CLOSE |
| 24 Mar 2023 | £445,194 | £441,000 | 4 HIGHGROVE ROAD |
| 20 Mar 2023 | £393,709 | £390,000 | 3 GLAMIS CLOSE |
| 15 Feb 2023 | £284,808 | £285,000 | 19 RAMILLIES CLOSE |
| 26 Aug 2022 | £249,329 | £250,000 | 8 RAMILLIES CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 30 Jan 2014. Using an estimated price of £228,393 means this house is valued at £4,078 per sq meter (£378 per sq foot).
The average size of a house on RAMILLIES CLOSE is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Swallow Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Swallow Rise |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Rise |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Illustrious Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Illustrious Close |