£337,056
This estimated value is based upon the latest sale price for the house of £272,500 on 20 Aug 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £272,500 | 20 Aug 2018 |
| £175,500 | 29 Jun 2007 |
| £123,000 | 20 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2018 the House Price Index for MEDWAY was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £272,500 results in an estimated price of approximately £337,056.
| 20 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £272,500 | £64,556 | £337,056 |
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 | 54.467 % | £148,422 | £420,922 |
| 3 Month Average | 6.788 % | £18,496 | £290,996 |
| 6 Month Average | 11.056 % | £30,126 | £302,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £291,313 | £287,000 | 46 TWYDALL LANE |
| 15 Sep 2023 | £541,929 | £535,000 | 84 TWYDALL LANE |
| 13 Sep 2023 | £310,976 | £307,000 | 56 TWYDALL LANE |
| 18 Aug 2023 | £302,648 | £300,000 | 29 TWYDALL LANE |
| 22 Jun 2023 | £298,617 | £295,000 | 1 WILMINGTON WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Mar 2018. Using an estimated price of £337,056 means this house is valued at £3,787 per sq meter (£351 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 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beckett Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beckett Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A2 |