£239,949
This estimated value is based upon the latest sale price for the house of £228,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £228,000 | 7 Jan 2022 |
| £170,000 | 5 Aug 2016 |
| £122,000 | 1 Mar 2013 |
| £129,000 | 6 May 2008 |
| £57,500 | 17 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 2022 the House Price Index for MEDWAY was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £228,000 results in an estimated price of approximately £239,949.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £228,000 | £11,949 | £239,949 |
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 | -34.890 % | £-79,549 | £148,450 |
| 3 Month Average | -14.133 % | £-32,224 | £195,775 |
| 6 Month Average | 5.806 % | £13,236 | £241,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £454,495 | £460,000 | 85 REDWING ROAD |
| 4 May 2022 | £277,733 | £272,500 | 17 REDWING ROAD |
| 7 Jan 2022 | £239,949 | £228,000 | 41 REDWING ROAD |
| 19 Nov 2021 | £97,336 | £90,000 | 35 DOVE CLOSE |
| 18 Dec 2020 | £97,556 | £85,000 | 12 DOVE CLOSE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 30 Nov 2012. Using an estimated price of £239,949 means this house is valued at £5,713 per sq meter (£530 per sq foot).
The average size of a house on REDWING ROAD is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dove Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dove Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dove Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spitfire Close |
| Feb 2024 | Theft from the person | Under investigation | On or near Charlotte Close |