£2,492,166
This estimated value is based upon the latest sale price for the house of £415,000 on 8 Nov 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £415,000 | 8 Nov 2023 |
| £365,000 | 4 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2023 the House Price Index for MEDWAY was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £415,000 results in an estimated price of approximately £2,492,166.
| 8 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £415,000 | £2,077,166 | £2,492,166 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 42.154 % | £174,941 | £589,941 |
| 3 Month Average | -15.481 % | £-64,248 | £350,751 |
| 6 Month Average | -8.110 % | £-33,655 | £381,344 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 10 Mar 2020.
The average size of a house on GRIZEDALE CLOSE is 136 sq meters (1,472 sq feet).
This house is the smallest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Friston Way |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Friston Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Friston Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bedgebury Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedgebury Close |