£308,739
This estimated value is based upon the latest sale price for the house of £246,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£246,000 | 19 Jan 2018 |
£235,000 | 10 Jun 2016 |
£167,000 | 4 May 2007 |
£163,000 | 25 Nov 2005 |
£67,000 | 30 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 January 2018 the House Price Index for MEDWAY was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £246,000 results in an estimated price of approximately £308,739.
19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £246,000 | £62,739 | £308,739 |
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 | -11.786 % | £-28,992 | £217,007 |
3 Month Average | 1.456 % | £3,581 | £249,581 |
6 Month Average | 22.024 % | £54,178 | £300,178 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £332,912 | £330,000 | 67 CHRISTIE CLOSE |
17 Jul 2023 | £256,452 | £253,000 | 8 WINCHELSEA ROAD |
5 Apr 2023 | £295,684 | £292,500 | 58 WINCHELSEA ROAD |
22 Mar 2023 | £277,615 | £275,000 | 15 WINCHELSEA ROAD |
30 Jan 2023 | £283,664 | £285,000 | 23 BURMARSH CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 12 Jan 2016. Using an estimated price of £308,740 means this house is valued at £4,824 per sq meter (£448 per sq foot).
The average size of a house on WINCHELSEA ROAD is 66 sq meters (717 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Winchelsea Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
Mar 2024 | Anti-social behaviour | On or near Emily Road |