£339,551
This estimated value is based upon the latest sale price for the house of £255,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £255,000 | 11 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2016 the House Price Index for MEDWAY was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £255,000 results in an estimated price of approximately £339,551.
| 11 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £255,000 | £84,551 | £339,551 |
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 | -4.780 % | £-12,188 | £242,811 |
| 3 Month Average | 6.477 % | £16,516 | £271,516 |
| 6 Month Average | 31.242 % | £79,665 | £334,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £396,945 | £390,000 | 6 LARCHCROFT |
| 31 Jul 2023 | £334,502 | £330,000 | 7 THE BEECHES |
| 21 Jul 2023 | £263,547 | £260,000 | 57 PRINCES AVENUE |
| 22 Mar 2023 | £359,386 | £356,000 | 12 JUNIPER CLOSE |
| 3 Mar 2023 | £388,662 | £385,000 | 3 THE BEECHES |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Jan 2016. Using an estimated price of £339,552 means this house is valued at £3,948 per sq meter (£366 per sq foot).
The average size of a house on SUSSEX DRIVE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals | |
| Feb 2024 | Anti-social behaviour | On or near The Wirrals |