£317,026
This estimated value is based upon the latest sale price for the house of £99,000 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £99,000 | 30 Nov 2001 |
| £94,500 | 6 Jun 2000 |
| £57,000 | 16 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2001 the House Price Index for MEDWAY was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £99,000 results in an estimated price of approximately £317,026.
| 30 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £99,000 | £218,026 | £317,026 |
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 | 157.532 % | £155,956 | £254,956 |
| 3 Month Average | 181.212 % | £179,399 | £278,399 |
| 6 Month Average | 240.772 % | £238,364 | £337,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £292,559 | £290,000 | 43 SPITFIRE CLOSE |
| 17 Nov 2022 | £426,830 | £432,000 | 8 THRUSH CLOSE |
| 11 Nov 2022 | £454,495 | £460,000 | 85 REDWING ROAD |
| 4 May 2022 | £277,733 | £272,500 | 17 REDWING ROAD |
| 7 Jan 2022 | £239,949 | £228,000 | 41 REDWING ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Feb 2015. Using an estimated price of £317,026 means this house is valued at £4,465 per sq meter (£414 per sq foot).
The average size of a house on REDWING ROAD is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spitfire Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penfold Close |
| Mar 2024 | Anti-social behaviour | On or near Anglesey Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Halifax Close |