£144,019
This estimated value is based upon the latest sale price for the house of £141,500 on 13 Dec 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £141,500 | 13 Dec 2023 |
| £31,750 | 11 Feb 2000 |
| £28,000 | 26 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 493 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 December 2023 the House Price Index for MEDWAY was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £141,500 results in an estimated price of approximately £144,019.
| 13 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £141,500 | £2,519 | £144,019 |
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 | -30.525 % | £-43,192 | £98,307 |
| 3 Month Average | -22.979 % | £-32,514 | £108,985 |
| 6 Month Average | -1.230 % | £-1,739 | £139,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £144,020 | £141,500 | 45 GLENWOOD CLOSE |
| 11 Dec 2023 | £86,514 | £85,000 | FLAT 42 KINGSDALE COURT HOPEWELL DRIVE |
| 22 Sep 2023 | £268,432 | £265,000 | 45 SETTINGTON AVENUE |
| 21 Jul 2023 | £75,516 | £74,500 | FLAT 34 KINGSDALE COURT HOPEWELL DRIVE |
| 8 Jun 2023 | £136,655 | £135,000 | 18 GLENWOOD CLOSE |
This house has a floor area of 45 sq meters or 493 sq feet when measured on 26 May 2010. Using an estimated price of £144,020 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on GLENWOOD CLOSE is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glenwood Close |
| Mar 2024 | Anti-social behaviour | On or near Glenwood Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glenwood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glenwood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glenwood Close |