£520,501
This estimated value is based upon the latest sale price for the house of £304,995 on 29 Jul 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£304,995 | 29 Jul 2010 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,501 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 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £304,995 results in an estimated price of approximately £520,501.
29 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £304,995 | £215,506 | £520,501 |
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 | 76.445 % | £233,152 | £538,147 |
3 Month Average | 80.702 % | £246,137 | £551,132 |
6 Month Average | 74.478 % | £227,153 | £532,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £432,119 | £421,150 | 4 HOGARTH CLOSE |
26 Aug 2022 | £361,691 | £360,000 | 16 PEAL CLOSE |
29 Apr 2022 | £269,730 | £260,000 | 6 JENNIFER COURT |
20 Jan 2022 | £318,059 | £300,000 | 52 STOKE ROAD |
10 Dec 2021 | £609,809 | £565,000 | 24 STOKE ROAD |
This house has a floor area of 139 sq meters or 1,501 sq feet when measured on 21 May 2010. Using an estimated price of £520,502 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on HEMONY GROVE is 135 sq meters (1,460 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Stoke Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoke Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoke Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peal Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peal Close |