£385,408
This estimated value is based upon the latest sale price for the house of £311,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £311,000 | 12 Jul 2018 |
| £109,000 | 25 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 July 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £311,000 results in an estimated price of approximately £385,408.
| 12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £311,000 | £74,408 | £385,408 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 14.614 % | £45,448 | £356,448 |
| 3 Month Average | 15.568 % | £48,416 | £359,416 |
| 6 Month Average | 18.440 % | £57,346 | £368,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £410,245 | £405,000 | 18 GROVE ROAD |
| 18 Aug 2023 | £307,692 | £305,000 | 12 PLANTATION ROAD |
| 30 Jun 2023 | £354,292 | £350,000 | 185 GRANGE ROAD |
| 23 Jun 2023 | £161,962 | £160,000 | 20 LOWER RAINHAM ROAD |
| 3 Mar 2023 | £317,996 | £315,000 | 37 GROVE ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 31 May 2017. Using an estimated price of £385,408 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on DANES HILL is 128 sq meters (1,379 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Danes Hill | |
| Jan 2024 | Anti-social behaviour | On or near Danes Hill | |
| Jan 2024 | Anti-social behaviour | On or near Danes Hill | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Danes Hill |
| Feb 2024 | Anti-social behaviour | On or near Coniston Close |