£268,464
This estimated value is based upon the latest sale price for the house of £179,995 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £179,995 | 15 Dec 2014 |
| £149,500 | 19 Oct 2010 |
| £145,000 | 25 Sep 2006 |
| £71,000 | 14 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 774 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 2014 the House Price Index for MEDWAY was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £179,995 results in an estimated price of approximately £268,464.
| 15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £179,995 | £88,469 | £268,464 |
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 | 18.335 % | £33,001 | £212,996 |
| 3 Month Average | 33.973 % | £61,149 | £241,144 |
| 6 Month Average | 64.007 % | £115,209 | £295,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £337,957 | £335,000 | 15 DANE CLOSE |
| 4 Aug 2023 | £252,206 | £250,000 | 3 DANE CLOSE |
| 14 Feb 2023 | £309,792 | £310,000 | 227 BALLENS ROAD |
| 10 Feb 2023 | £286,807 | £287,000 | 18 NASH CLOSE |
| 1 Feb 2023 | £294,802 | £295,000 | 1 VALIANT ROAD |
This house has a floor area of 71 sq meters or 774 sq feet when measured on 9 Jun 2010. Using an estimated price of £268,465 means this house is valued at £3,732 per sq meter (£346 per sq foot).
The average size of a house on DANE CLOSE is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dane Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mincers Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valiant Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Achilles Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Achilles Road |