£614,026
This estimated value is based upon the latest sale price for the house of £535,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £535,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £535,000 results in an estimated price of approximately £614,026.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £535,000 | £79,026 | £614,026 |
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 | 66.020 % | £353,205 | £888,205 |
| 3 Month Average | 8.950 % | £47,880 | £582,880 |
| 6 Month Average | 8.690 % | £46,488 | £581,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £481,296 | £480,000 | 42 WOODSIDE |
| 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 |
| 27 Jan 2022 | £557,776 | £530,000 | 12 BREDHURST ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 25 Sep 2018. Using an estimated price of £614,027 means this house is valued at £4,514 per sq meter (£419 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 |