£152,986
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 978 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 2017 the House Price Index for MEDWAY was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £120,000 results in an estimated price of approximately £152,986.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £120,000 | £32,986 | £152,986 |
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 | -4.680 % | £-5,616 | £114,383 |
| 3 Month Average | 3.683 % | £4,419 | £124,419 |
| 6 Month Average | 27.375 % | £32,849 | £152,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £228,070 | £225,000 | 7 BERKSHIRE CLOSE |
| 29 Jun 2023 | £136,655 | £135,000 | 11 SOMERSET CLOSE |
| 17 Feb 2023 | £309,792 | £310,000 | 20 WORDSWORTH CLOSE |
| 24 Aug 2022 | £262,294 | £263,000 | 14 WORDSWORTH CLOSE |
| 10 Aug 2022 | £274,262 | £275,000 | 18 WORDSWORTH CLOSE |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 13 Nov 2009. Using an estimated price of £152,987 means this house is valued at £1,682 per sq meter (£156 per sq foot).
The average size of a house on BERKSHIRE CLOSE is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Berkshire Close |
| Mar 2024 | Other crime | Under investigation | On or near Berkshire Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devon Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Devon Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerset Close |