£226,152
This estimated value is based upon the latest sale price for the house of £181,000 on 12 Feb 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £181,000 | 12 Feb 2018 |
| £119,000 | 3 Feb 2012 |
| £63,000 | 14 Sep 2001 |
| £43,995 | 28 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 601 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 February 2018 the House Price Index for MEDWAY was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £181,000 results in an estimated price of approximately £226,152.
| 12 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £181,000 | £45,152 | £226,152 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 3.042 % | £5,505 | £186,505 |
| 3 Month Average | 29.084 % | £52,642 | £233,642 |
| 6 Month Average | 22.649 % | £40,994 | £221,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £276,595 | £272,500 | 36 DIAL ROAD |
| 15 Sep 2023 | £146,878 | £145,000 | 7 CYPRESS COURT |
| 27 Jul 2023 | £238,206 | £235,000 | 1 HEWITT CLOSE |
| 17 Jul 2023 | £258,479 | £255,000 | 9 HEWITT CLOSE |
| 30 Jan 2023 | £233,898 | £235,000 | 26 HEWITT CLOSE |
This house has a floor area of 55 sq meters or 601 sq feet when measured on 19 Aug 2011. Using an estimated price of £226,152 means this house is valued at £4,047 per sq meter (£375 per sq foot).
The average size of a house on HEWITT CLOSE is 61 sq meters (665 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Dial Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Cypress Court |
| Mar 2024 | Other crime | Under investigation | On or near Cypress Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Court |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Cypress Court |