£559,969
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Wheatcroft Grove
More crime details
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| Price Paid | Date |
|---|---|
| £425,000 | 18 Nov 2016 |
| £275,000 | 30 Sep 2010 |
| £137,500 | 15 May 1998 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,782 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 November 2016 the House Price Index for MEDWAY was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £425,000 results in an estimated price of approximately £559,969.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £425,000 | £134,969 | £559,969 |
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 | 91.387 % | £388,393 | £813,393 |
| 3 Month Average | 23.861 % | £101,409 | £526,409 |
| 6 Month Average | 24.814 % | £105,459 | £530,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £284,208 | £280,000 | 100 LONSDALE DRIVE |
| 24 Feb 2023 | £310,291 | £310,500 | 84 LONSDALE DRIVE |
| 17 May 2022 | £206,898 | £203,000 | 67 LONSDALE DRIVE |
| 27 Apr 2022 | £329,536 | £320,000 | 40 WHEATCROFT GROVE |
| 4 Mar 2022 | £287,045 | £277,000 | 50 WHEATCROFT GROVE |
This house has a floor area of 165 sq meters or 1,782 sq feet when measured on 30 Apr 2010. Using an estimated price of £559,970 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on LONSDALE DRIVE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheatcroft Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheatcroft Grove |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Wheatcroft Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Grove |