£246,865
This estimated value is based upon the latest sale price for the house of £170,000 on 18 Jun 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £170,000 | 18 Jun 2015 |
| £136,000 | 5 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 June 2015 the House Price Index for MEDWAY was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £170,000 results in an estimated price of approximately £246,865.
| 18 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £170,000 | £76,865 | £246,865 |
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 | 4.222 % | £7,177 | £177,177 |
| 3 Month Average | 22.000 % | £37,399 | £207,399 |
| 6 Month Average | 57.311 % | £97,429 | £267,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £269,356 | £267,000 | 46 TUSCAN DRIVE |
| 21 Jul 2023 | £274,849 | £271,150 | 15 TUSCAN DRIVE |
| 1 Aug 2022 | £294,208 | £295,000 | 20 BOWER GREEN |
| 27 May 2022 | £264,993 | £260,000 | 32 RENOWN ROAD |
| 10 Dec 2021 | £305,342 | £285,000 | 19 TUSCAN DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Apr 2015. Using an estimated price of £246,865 means this house is valued at £4,330 per sq meter (£402 per sq foot).
The average size of a house on HAMWICK GREEN is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Renown Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rover Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rover Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rover Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rover Road |