£148,581
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 31 Mar 2016 |
| £75,000 | 21 Aug 2008 |
| £42,995 | 10 Feb 2000 |
| £27,000 | 2 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2016 the House Price Index for MEDWAY was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £110,000 results in an estimated price of approximately £148,581.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £110,000 | £38,581 | £148,581 |
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 | -8.669 % | £-9,536 | £100,463 |
| 3 Month Average | 5.412 % | £5,953 | £115,953 |
| 6 Month Average | 33.305 % | £36,635 | £146,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £346,055 | £340,000 | 38 BIRCHFIELDS |
| 28 Jul 2023 | £324,366 | £320,000 | 36 BIRCHFIELDS |
| 7 Jul 2023 | £273,683 | £270,000 | 357 WALDERSLADE ROAD |
| 21 Jun 2023 | £351,255 | £347,000 | 12 BIRCHFIELDS |
| 28 Apr 2023 | £96,034 | £95,000 | FLAT 10 SILVER BIRCHES BIRCHFIELDS |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 7 Jan 2018. Using an estimated price of £148,581 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on BIRCHFIELDS is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Birches |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silver Birches |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Birches |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Silver Birches |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |