£325,578
This estimated value is based upon the latest sale price for the house of £215,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£215,000 | 8 Aug 2014 |
£187,995 | 30 Nov 2009 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2014 the House Price Index for MEDWAY was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £215,000 results in an estimated price of approximately £325,578.
8 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £215,000 | £110,578 | £325,578 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 19.550 % | £42,032 | £257,032 |
3 Month Average | 29.214 % | £62,809 | £277,809 |
6 Month Average | 39.369 % | £84,643 | £299,643 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £203,562 | £200,000 | 7 WRAYSBURY HOUSE WHITEHEAD DRIVE |
1 Sep 2023 | £405,181 | £400,000 | 42 BUTLERS PARK WAY |
17 Mar 2023 | £282,663 | £280,000 | 32 EUSTACE CRESCENT |
24 Nov 2022 | £271,709 | £275,000 | 27 EUSTACE CRESCENT |
19 Oct 2022 | £237,443 | £240,000 | 21 EUSTACE CRESCENT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 Sep 2020. Using an estimated price of £325,578 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on EUSTACE CRESCENT is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Butlers Park Way | |
Apr 2024 | Drugs | Under investigation | On or near Butlers Park Way |
Feb 2024 | Anti-social behaviour | On or near Whitehead Drive | |
Feb 2024 | Anti-social behaviour | On or near Whitehead Drive | |
Feb 2024 | Anti-social behaviour | On or near Whitehead Drive |