£189,647
This estimated value is based upon the latest sale price for the house of £126,000 on 4 Sep 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £126,000 | 4 Sep 2014 |
| £90,000 | 28 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 September 2014 the House Price Index for MEDWAY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £126,000 results in an estimated price of approximately £189,647.
| 4 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £126,000 | £63,647 | £189,647 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 40.118 % | £50,548 | £176,548 |
| 3 Month Average | 52.165 % | £65,728 | £191,728 |
| 6 Month Average | 60.491 % | £76,218 | £202,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £377,831 | £373,000 | 58 CHART PLACE |
| 15 Sep 2023 | £268,432 | £265,000 | 19 THORPE WALK |
| 31 Aug 2023 | £161,412 | £160,000 | 40 SEDLEY CLOSE |
| 26 Jun 2023 | £220,167 | £217,500 | 36 SEDLEY CLOSE |
| 17 Apr 2023 | £333,592 | £330,000 | 46 CHART PLACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 May 2014. Using an estimated price of £189,647 means this house is valued at £3,010 per sq meter (£279 per sq foot).
The average size of a house on SEDLEY CLOSE is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sedley Close | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sedley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roper Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roper Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near M2 |