£250,670
This estimated value is based upon the latest sale price for the house of £60,450 on 18 Oct 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £60,450 | 18 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 1999 the House Price Index for MEDWAY was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £60,450 results in an estimated price of approximately £250,670.
| 18 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £60,450 | £190,220 | £250,670 |
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 | 248.066 % | £149,956 | £210,406 |
| 3 Month Average | 304.358 % | £183,984 | £244,434 |
| 6 Month Average | 308.450 % | £186,458 | £246,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £291,313 | £287,000 | 46 TWYDALL LANE |
| 21 Nov 2023 | £307,046 | £302,500 | 31 GREENVALE GARDENS |
| 15 Sep 2023 | £541,929 | £535,000 | 84 TWYDALL LANE |
| 13 Sep 2023 | £310,976 | £307,000 | 56 TWYDALL LANE |
| 18 Aug 2023 | £302,648 | £300,000 | 29 TWYDALL LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 Feb 2016. Using an estimated price of £250,670 means this house is valued at £3,173 per sq meter (£294 per sq foot).
The average size of a house on GREENVALE GARDENS is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Twydall Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Twydall Lane |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Twydall Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Court Meadow |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewis Avenue |