£339,278
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Mar 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £325,000 | 28 Mar 2022 |
| £85,250 | 12 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2022 the House Price Index for MEDWAY was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £325,000 results in an estimated price of approximately £339,278.
| 28 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £325,000 | £14,278 | £339,278 |
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 | 7.325 % | £23,805 | £348,805 |
| 3 Month Average | -10.526 % | £-34,208 | £290,791 |
| 6 Month Average | -2.932 % | £-9,529 | £315,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £256,511 | £250,000 | 26 ACHILLES ROAD |
| 10 Nov 2023 | £225,730 | £220,000 | 23 ALBION ROAD |
| 9 Nov 2023 | £205,209 | £200,000 | 11 ALBION ROAD |
| 18 Sep 2023 | £265,861 | £260,000 | 15 ALBION ROAD |
| 10 Aug 2023 | £341,153 | £335,000 | 15 DANE CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Sep 2020. Using an estimated price of £339,278 means this house is valued at £3,262 per sq meter (£303 per sq foot).
The average size of a house on MINCERS CLOSE is 65 sq meters (705 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Mincers Close |
| Jun 2024 | Anti-social behaviour | On or near Dane Close | |
| Jun 2024 | Anti-social behaviour | On or near Dane Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Achilles Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Achilles Road |