£305,909
This estimated value is based upon the latest sale price for the house of £65,500 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £65,500 | 31 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 1998 the House Price Index for MEDWAY was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £65,500 results in an estimated price of approximately £305,909.
| 31 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £65,500 | £240,409 | £305,909 |
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 | 492.669 % | £322,698 | £388,198 |
| 3 Month Average | 307.081 % | £201,137 | £266,637 |
| 6 Month Average | 394.393 % | £258,327 | £323,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £380,635 | £375,000 | 6 THE GLADE |
| 1 Sep 2023 | £354,533 | £350,000 | 12 THE GLADE |
| 4 Aug 2023 | £388,398 | £385,000 | 4 MARION CLOSE |
| 4 Aug 2023 | £354,602 | £351,500 | 21 SHERWOOD AVENUE |
| 23 Jun 2023 | £364,414 | £360,000 | 7 SHERWOOD AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Oct 2014. Using an estimated price of £305,910 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on SHERIFF DRIVE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheriff Drive |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Francis Drive |