£408,784
This estimated value is based upon the latest sale price for the house of £381,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £381,000 | 25 Jun 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 June 2021 the House Price Index for MEDWAY was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £381,000 results in an estimated price of approximately £408,784.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £381,000 | £27,784 | £408,784 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | -18.930 % | £-72,121 | £308,878 |
| 3 Month Average | -6.491 % | £-24,730 | £356,269 |
| 6 Month Average | 3.769 % | £14,358 | £395,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £315,521 | £310,000 | 23 HAIG AVENUE |
| 21 Aug 2023 | £453,971 | £450,000 | 15 COPSE CLOSE |
| 16 Jun 2023 | £374,537 | £370,000 | 22 HAIG AVENUE |
| 3 Apr 2023 | £159,720 | £158,000 | FLAT 2 LEA COURT HUNTSMANS CLOSE |
| 15 Mar 2023 | £322,034 | £319,000 | 4 ACRE CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 18 Jun 2020. Using an estimated price of £408,784 means this house is valued at £3,244 per sq meter (£301 per sq foot).
The average size of a house on HUNTSMANS CLOSE is 70 sq meters (756 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Huntsmans Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Huntsmans Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Huntsmans Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haig Avenue |
| Mar 2024 | Anti-social behaviour | On or near Haig Avenue |