£291,620
This estimated value is based upon the latest sale price for the house of £295,000 on 20 Dec 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £295,000 | 20 Dec 2022 |
| £221,000 | 24 May 2016 |
| £74,500 | 18 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2022 the House Price Index for MEDWAY was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £295,000 results in an estimated price of approximately £291,620.
| 20 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £295,000 | £-3,379 | £291,620 |
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 | -37.909 % | £-111,833 | £183,166 |
| 3 Month Average | -23.130 % | £-68,232 | £226,767 |
| 6 Month Average | -6.212 % | £-18,326 | £276,673 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Jan 2016.
The average size of a house on VALE DRIVE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Field Close |