£172,517
This estimated value is based upon the latest sale price for the house of £140,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £140,000 | 20 Nov 2018 |
| £65,000 | 28 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £140,000 results in an estimated price of approximately £172,517.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £140,000 | £32,517 | £172,517 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -2.052 % | £-2,872 | £137,127 |
| 3 Month Average | -13.094 % | £-18,331 | £121,668 |
| 6 Month Average | 12.429 % | £17,400 | £157,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £136,191 | £135,000 | 2 SEMPLE GARDENS |
| 4 Jul 2023 | £202,729 | £200,000 | 4 BLENHEIM AVENUE |
| 20 Jan 2023 | £162,335 | £163,100 | 34 SEMPLE GARDENS |
| 28 Nov 2021 | £183,857 | £170,000 | 10 SEMPLE GARDENS |
| 6 Oct 2021 | £287,684 | £260,000 | 41 GROSVENOR AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Nov 2017. Using an estimated price of £172,517 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on SEMPLE GARDENS is 55 sq meters (593 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Semple Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Semple Gardens |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mozart Court |