£425,279
This estimated value is based upon the latest sale price for the house of £249,995 on 22 Oct 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£249,995 | 22 Oct 2010 |
£97,500 | 6 Mar 1998 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,050 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 October 2010 the House Price Index for MEDWAY was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £249,995 results in an estimated price of approximately £425,279.
22 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £249,995 | £175,284 | £425,279 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 54.174 % | £135,431 | £385,426 |
3 Month Average | 57.622 % | £144,051 | £394,046 |
6 Month Average | 66.507 % | £166,264 | £416,259 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2023 | £430,211 | £425,000 | 35 ROMSEY CLOSE |
18 Apr 2023 | £581,259 | £575,000 | 14 DUCHESS CLOSE |
31 Mar 2023 | £519,898 | £515,000 | 12 COBB CLOSE |
24 Nov 2022 | £360,632 | £365,000 | 11 ROMSEY CLOSE |
18 Jul 2022 | £681,835 | £680,000 | 3 THE OAST HOUSES |
This house has a floor area of 97 sq meters or 1,050 sq feet when measured on 30 Mar 2010. Using an estimated price of £425,279 means this house is valued at £4,358 per sq meter (£404 per sq foot).
The average size of a house on REDE COURT ROAD is 117 sq meters (1,261 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Linwood Avenue |
Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Linwood Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duchess Close |