£449,117
This estimated value is based upon the latest sale price for the house of £430,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £430,000 | 28 Feb 2022 |
| £250,000 | 11 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2022 the House Price Index for MEDWAY was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £430,000 results in an estimated price of approximately £449,117.
| 28 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £430,000 | £19,117 | £449,117 |
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 | 19.488 % | £83,797 | £513,797 |
| 3 Month Average | -18.855 % | £-81,078 | £348,921 |
| 6 Month Average | 3.539 % | £15,218 | £445,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £427,600 | £425,000 | 10 NUTFIELD CLOSE |
| 20 Jun 2023 | £269,183 | £267,000 | 57 CRESTWAY |
| 17 Jan 2023 | £376,691 | £380,000 | 40 DOWNSVIEW |
| 25 Nov 2022 | £467,420 | £475,000 | 4 MAUNDERS CLOSE |
| 20 May 2022 | £253,772 | £250,000 | 32 SHANKLIN CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 12 Nov 2021. Using an estimated price of £449,118 means this house is valued at £3,681 per sq meter (£342 per sq foot).
The average size of a house on MAUNDERS CLOSE is 204 sq meters (2,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cobtree Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Downsview |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway |