£402,664
This estimated value is based upon the latest sale price for the house of £407,000 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £407,000 | 28 Oct 2022 |
| £274,995 | 18 Nov 2015 |
| £95,000 | 28 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 October 2022 the House Price Index for MEDWAY was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £407,000 results in an estimated price of approximately £402,664.
| 28 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £407,000 | £-4,335 | £402,664 |
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 | -17.159 % | £-69,837 | £337,162 |
| 3 Month Average | -18.052 % | £-73,470 | £333,529 |
| 6 Month Average | 4.283 % | £17,431 | £424,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £260,000 | £260,000 | 24 ABINGER DRIVE |
| 31 Aug 2023 | £287,515 | £285,000 | 51 ABINGER DRIVE |
| 7 Jul 2023 | £192,592 | £190,000 | 14 TATLER CLOSE |
| 7 Jul 2023 | £354,775 | £350,000 | 4 ABINGER DRIVE |
| 30 Jun 2023 | £293,556 | £290,000 | 54 ABINGER DRIVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 20 Aug 2015. Using an estimated price of £402,664 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on ABINGER DRIVE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Abinger Drive | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rudge Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Rudge Close |
| Mar 2024 | Anti-social behaviour | On or near Rudge Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rudge Close |