£230,356
This estimated value is based upon the latest sale price for the house of £59,500 on 6 Mar 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £59,500 | 6 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 March 2000 the House Price Index for MEDWAY was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £59,500 results in an estimated price of approximately £230,356.
| 6 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.6 | 287.153 % | £59,500 | £170,856 | £230,356 |
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 | 221.361 % | £131,709 | £191,209 |
| 3 Month Average | 257.105 % | £152,977 | £212,477 |
| 6 Month Average | 345.969 % | £205,851 | £265,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £300,738 | £297,500 | 20 ALBURY CLOSE |
| 30 Mar 2023 | £292,758 | £290,000 | 19 ALBURY CLOSE |
| 20 Jan 2023 | £340,397 | £342,000 | 23 DOTTEREL CLOSE |
| 28 Jul 2022 | £255,688 | £255,000 | 6 SANDPIPER ROAD |
| 1 Jul 2022 | £296,799 | £296,000 | 19 SANDPIPER ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Feb 2019. Using an estimated price of £230,356 means this house is valued at £3,904 per sq meter (£362 per sq foot).
The average size of a house on ALBURY CLOSE is 64 sq meters (690 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Albury Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albury Close |
| Dec 2023 | Anti-social behaviour | On or near Albury Close | |
| Dec 2023 | Anti-social behaviour | On or near Albury Close | |
| Dec 2023 | Anti-social behaviour | On or near Albury Close |