£440,898
This estimated value is based upon the latest sale price for the house of £365,000 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £365,000 | 24 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2020 the House Price Index for MEDWAY was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £365,000 results in an estimated price of approximately £440,898.
| 24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £365,000 | £75,898 | £440,898 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 45.513 % | £166,122 | £531,122 |
| 3 Month Average | 8.218 % | £29,995 | £394,995 |
| 6 Month Average | 10.263 % | £37,459 | £402,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £420,000 | £420,000 | DONET COTTAGE DONET CLOSE |
| 6 Sep 2023 | £492,865 | £482,000 | 435 MAIDSTONE ROAD |
| 4 Sep 2023 | £296,537 | £290,000 | 15 CHENEY CLOSE |
| 4 Aug 2023 | £850,337 | £835,000 | 488 MAIDSTONE ROAD |
| 16 Jun 2023 | £622,474 | £610,000 | 436 MAIDSTONE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 25 Feb 2020. Using an estimated price of £440,899 means this house is valued at £4,792 per sq meter (£445 per sq foot).
The average size of a house on DONET CLOSE is 189 sq meters (2,036 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Maidstone Road |
| Jul 2024 | Public order | Under investigation | On or near Maidstone Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Maidstone Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hutsford Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hutsford Close |