£236,915
This estimated value is based upon the latest sale price for the house of £140,000 on 29 Nov 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £140,000 | 29 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2012 the House Price Index for MEDWAY was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £140,000 results in an estimated price of approximately £236,915.
| 29 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £140,000 | £96,915 | £236,915 |
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 | 28.215 % | £39,500 | £179,500 |
| 3 Month Average | 49.650 % | £69,509 | £209,509 |
| 6 Month Average | 87.084 % | £121,916 | £261,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £269,356 | £267,000 | 46 TUSCAN DRIVE |
| 21 Jul 2023 | £274,849 | £271,150 | 15 TUSCAN DRIVE |
| 1 Aug 2022 | £294,208 | £295,000 | 20 BOWER GREEN |
| 10 Dec 2021 | £305,342 | £285,000 | 19 TUSCAN DRIVE |
| 23 Aug 2021 | £345,841 | £310,000 | 25 BRINDLE WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Sep 2013. Using an estimated price of £236,916 means this house is valued at £3,290 per sq meter (£305 per sq foot).
The average size of a house on BOWER GREEN is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tuscan Drive | |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Tuscan Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Brindle Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Renown Road |