£617,552
This estimated value is based upon the latest sale price for the house of £367,500 on 23 Jul 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £367,500 | 23 Jul 2012 |
| £355,000 | 25 Aug 2010 |
| £339,500 | 29 Nov 2005 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,622 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 July 2012 the House Price Index for MEDWAY was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.041%.Applying this 68.041% change to the original purchase price of £367,500 results in an estimated price of approximately £617,552.
| 23 Jul 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.041 % | £367,500 | £250,052 | £617,552 |
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 | 51.197 % | £188,150 | £555,650 |
| 3 Month Average | 74.478 % | £273,707 | £641,207 |
| 6 Month Average | 72.207 % | £265,360 | £632,860 |
This house has a floor area of 150 sq meters or 1,622 sq feet when measured on 10 May 2010.
The average size of a house on SPRINGVALE is 152 sq meters (1,641 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Willow Trees | |
| Jan 2024 | Anti-social behaviour | On or near Willow Trees | |
| Jan 2024 | Anti-social behaviour | On or near Willow Trees | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Zillah Gardens |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Springvale |