£302,640
This estimated value is based upon the latest sale price for the house of £245,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £245,000 | 1 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £245,000 results in an estimated price of approximately £302,640.
| 1 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £245,000 | £57,640 | £302,640 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 45.101 % | £110,498 | £355,498 |
| 3 Month Average | -0.966 % | £-2,366 | £242,633 |
| 6 Month Average | 21.827 % | £53,476 | £298,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £278,562 | £275,000 | 9 LAMBETH CLOSE |
| 25 Aug 2023 | £282,471 | £280,000 | 18 TADBURN GREEN |
| 30 Jun 2023 | £253,065 | £250,000 | 33 LAMBETH CLOSE |
| 4 Aug 2022 | £282,240 | £283,000 | 77 KINGSTON CRESCENT |
| 15 Jul 2022 | £348,438 | £347,500 | 29 KINGSTON CRESCENT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 15 Oct 2018. Using an estimated price of £302,641 means this house is valued at £3,120 per sq meter (£289 per sq foot).
The average size of a house on BROMLEY CLOSE is 91 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Bromley Close | |
| Feb 2024 | Anti-social behaviour | On or near Bromley Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bromley Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bromley Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lambeth Close |