£581,494
This estimated value is based upon the latest sale price for the house of £445,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £445,000 | 6 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 January 2017 the House Price Index for MEDWAY was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £445,000 results in an estimated price of approximately £581,494.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £445,000 | £136,494 | £581,494 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 113.418 % | £504,708 | £949,708 |
| 3 Month Average | 24.449 % | £108,798 | £553,798 |
| 6 Month Average | 26.841 % | £119,442 | £564,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £603,000 | £603,000 | 2 SWAIN ROAD |
| 17 Aug 2023 | £353,089 | £350,000 | 23 HOATH LANE |
| 22 Mar 2022 | £777,197 | £750,000 | 9 FELLOWS CLOSE |
| 16 Mar 2022 | £445,593 | £430,000 | 29 WOODSIDE |
| 21 Feb 2022 | £382,773 | £365,000 | 5 BREDHURST ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 6 Apr 2016. Using an estimated price of £581,494 means this house is valued at £4,766 per sq meter (£442 per sq foot).
The average size of a house on LEAFY GLADE is 150 sq meters (1,618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherlodge Mews |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherlodge Mews |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherlodge Mews |