£543,081
This estimated value is based upon the latest sale price for the house of £409,995 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There have been two burglaries within the last year on or near Wemmick Close
More crime details
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Price Paid | Date |
---|---|
£409,995 | 14 Oct 2016 |
£265,000 | 7 Sep 2007 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 October 2016 the House Price Index for MEDWAY was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £409,995 results in an estimated price of approximately £543,081.
14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £409,995 | £133,086 | £543,081 |
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 | -12.280 % | £-50,347 | £359,647 |
3 Month Average | 12.009 % | £49,235 | £459,230 |
6 Month Average | 20.617 % | £84,530 | £494,525 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £304,508 | £300,000 | 20 EMERALD CLOSE |
15 Jun 2023 | £440,334 | £435,000 | 18 HAREDALE CLOSE |
2 Jun 2023 | £256,102 | £253,000 | 10 EMERALD CLOSE |
26 Jan 2023 | £425,993 | £428,000 | 7 ESTELLE CLOSE |
31 Oct 2022 | £445,206 | £450,000 | 3 ESTELLE CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Jan 2014. Using an estimated price of £543,082 means this house is valued at £4,563 per sq meter (£423 per sq foot).
The average size of a house on BARKIS CLOSE is 125 sq meters (1,349 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Wemmick Close | |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wemmick Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wemmick Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wemmick Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Estelle Close |