£278,912
This estimated value is based upon the latest sale price for the house of £187,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £187,000 | 5 Dec 2014 |
| £160,000 | 15 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2014 the House Price Index for MEDWAY was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £187,000 results in an estimated price of approximately £278,912.
| 5 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £187,000 | £91,912 | £278,912 |
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 | 18.335 % | £34,286 | £221,286 |
| 3 Month Average | 33.973 % | £63,529 | £250,529 |
| 6 Month Average | 64.007 % | £119,693 | £306,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £212,720 | £210,000 | 7 FALLOWFIELD |
| 19 Sep 2023 | £270,281 | £266,825 | 17 RYDE CLOSE |
| 4 Aug 2023 | £428,751 | £425,000 | 10 NUTFIELD CLOSE |
| 28 Jul 2023 | £369,980 | £365,000 | 43 FALLOWFIELD |
| 21 Mar 2023 | £363,424 | £360,000 | 35 FALLOWFIELD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Mar 2013. Using an estimated price of £278,913 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on FALLOWFIELD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fallowfield |
| Jan 2024 | Vehicle crime | Under investigation | On or near Fallowfield |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Fallowfield |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ryde Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryde Close |