£559,108
This estimated value is based upon the latest sale price for the house of £157,000 on 10 Jan 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £157,000 | 10 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 January 2001 the House Price Index for MEDWAY was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £157,000 results in an estimated price of approximately £559,108.
| 10 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £157,000 | £402,108 | £559,108 |
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 | 167.735 % | £263,344 | £420,344 |
| 3 Month Average | 206.196 % | £323,728 | £480,728 |
| 6 Month Average | 285.784 % | £448,681 | £605,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £306,418 | £302,500 | 21 HIGHGROVE ROAD |
| 6 Jul 2023 | £456,139 | £450,000 | 19 HIGHGROVE ROAD |
| 31 Mar 2023 | £418,947 | £415,000 | 32 GLAMIS CLOSE |
| 24 Mar 2023 | £445,194 | £441,000 | 4 HIGHGROVE ROAD |
| 21 Mar 2023 | £325,567 | £322,500 | 2 BRONINGTON CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 30 Nov 2015. Using an estimated price of £559,108 means this house is valued at £5,037 per sq meter (£467 per sq foot).
The average size of a house on GLAMIS CLOSE is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Swallow Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Swallow Rise |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birk Hall Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Illustrious Close |