£293,390
This estimated value is based upon the latest sale price for the house of £231,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£231,000 | 18 Aug 2017 |
£174,000 | 5 Feb 2015 |
£147,000 | 29 Oct 2004 |
£54,000 | 12 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 2017 the House Price Index for MEDWAY was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £231,000 results in an estimated price of approximately £293,390.
18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £231,000 | £62,390 | £293,390 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | -19.410 % | £-44,837 | £186,162 |
3 Month Average | 16.765 % | £38,727 | £269,727 |
6 Month Average | 21.456 % | £49,562 | £280,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £294,358 | £290,000 | 2 BRENCHLEY CLOSE |
21 Jul 2023 | £283,820 | £280,000 | 19 BRENCHLEY CLOSE |
17 Jul 2023 | £347,679 | £343,000 | 27 LANSDOWNE ROAD |
6 Apr 2023 | £242,612 | £240,000 | 9 CARPENTERS CLOSE |
14 Jan 2022 | £325,194 | £309,000 | 35 CARPENTERS CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 30 Oct 2014. Using an estimated price of £293,391 means this house is valued at £4,809 per sq meter (£446 per sq foot).
The average size of a house on CARPENTERS CLOSE is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Carpenters Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Carpenters Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Carpenters Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenters Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Blenheim Avenue |