£424,484
This estimated value is based upon the latest sale price for the house of £422,500 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £422,500 | 18 Aug 2022 |
| £214,995 | 31 Oct 2003 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £422,500 results in an estimated price of approximately £424,484.
| 18 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £422,500 | £1,984 | £424,484 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | 8.401 % | £35,495 | £457,995 |
| 3 Month Average | -1.944 % | £-8,214 | £414,285 |
| 6 Month Average | 2.156 % | £9,109 | £431,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £409,296 | £400,000 | 5 DILLYWOOD FIELDS |
| 13 Oct 2023 | £332,553 | £325,000 | 19 FORDWICH DRIVE |
| 29 Aug 2023 | £407,347 | £400,000 | 2 SPRINGDALE COTTAGES |
| 29 Aug 2023 | £570,286 | £560,000 | 24 FORDWICH DRIVE |
| 29 Aug 2023 | £590,144 | £579,500 | 5 FORDWICH DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Oct 2021. Using an estimated price of £424,485 means this house is valued at £4,244 per sq meter (£394 per sq foot).
The average size of a house on DILLYWOOD FIELDS is 135 sq meters (1,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dilly Wood Fields |
| May 2024 | Anti-social behaviour | On or near Stonehorse Lane | |
| May 2024 | Anti-social behaviour | On or near Stonehorse Lane | |
| May 2024 | Anti-social behaviour | On or near Stonehorse Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lower Rochester Road |