£258,624
This estimated value is based upon the latest sale price for the house of £148,500 on 21 Oct 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £148,500 | 21 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 610 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 October 2011 the House Price Index for MEDWAY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £148,500 results in an estimated price of approximately £258,624.
| 21 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £148,500 | £110,124 | £258,624 |
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 | 64.226 % | £95,375 | £243,875 |
| 3 Month Average | 90.771 % | £134,794 | £283,294 |
| 6 Month Average | 76.956 % | £114,279 | £262,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £297,553 | £290,000 | 2 BRENCHLEY CLOSE |
| 6 Apr 2023 | £244,575 | £240,000 | 9 CARPENTERS CLOSE |
| 18 Mar 2022 | £229,665 | £220,000 | 19 PATTENS PLACE |
| 14 Jan 2022 | £327,601 | £309,000 | 35 CARPENTERS CLOSE |
| 4 Jan 2022 | £327,601 | £309,000 | 33 CARPENTERS CLOSE |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 10 Jun 2011. Using an estimated price of £258,625 means this house is valued at £4,559 per sq meter (£423 per sq foot).
The average size of a house on BRENCHLEY CLOSE is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Carpenters Close |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Carpenters Close |
| Sep 2024 | Anti-social behaviour | On or near Pattens Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Pattens Gardens | |
| Oct 2024 | Other theft | Under investigation | On or near Beresford Avenue |