£374,475
This estimated value is based upon the latest sale price for the house of £300,000 on 26 Apr 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £300,000 | 26 Apr 2018 |
| £197,000 | 15 Sep 2014 |
| £137,000 | 31 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 April 2018 the House Price Index for MEDWAY was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £300,000 results in an estimated price of approximately £374,475.
| 26 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £300,000 | £74,475 | £374,475 |
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 | -13.771 % | £-41,312 | £258,687 |
| 3 Month Average | -1.072 % | £-3,216 | £296,783 |
| 6 Month Average | 23.566 % | £70,696 | £370,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £208,242 | £206,000 | 51 DUCHESS OF KENT DRIVE |
| 23 Feb 2023 | £304,795 | £305,000 | 38 FANCONI ROAD |
| 10 Feb 2023 | £349,765 | £350,000 | 45 DUCHESS OF KENT DRIVE |
| 15 Mar 2022 | £440,411 | £425,000 | 79 DUCHESS OF KENT DRIVE |
| 20 Jan 2022 | £359,924 | £342,000 | 21 MOONSTONE DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Jun 2014. Using an estimated price of £374,476 means this house is valued at £4,623 per sq meter (£429 per sq foot).
The average size of a house on FANCONI ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Moonstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Yard |