£387,332
This estimated value is based upon the latest sale price for the house of £310,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£310,000 | 9 Feb 2018 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 £310,000 results in an estimated price of approximately £387,332.
9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £310,000 | £77,332 | £387,332 |
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 | 71.264 % | £220,917 | £530,917 |
3 Month Average | 24.502 % | £75,954 | £385,954 |
6 Month Average | 18.071 % | £56,019 | £366,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £310,000 | £310,000 | 14 SELSTEAD CLOSE |
24 Nov 2023 | £291,313 | £287,000 | 46 TWYDALL LANE |
28 Sep 2023 | £270,458 | £267,000 | 56 LONDON ROAD |
13 Sep 2023 | £310,976 | £307,000 | 56 TWYDALL LANE |
18 Aug 2023 | £302,648 | £300,000 | 29 TWYDALL LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Oct 2017. Using an estimated price of £387,333 means this house is valued at £3,952 per sq meter (£367 per sq foot).
The average size of a house on WILMINGTON WAY is 103 sq meters (1,110 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilmington Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilmington Way |
Feb 2024 | Drugs | Under investigation | On or near A2 |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A2 |
Jan 2024 | Anti-social behaviour | On or near A2 |