£282,577
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Dec 2018 |
| £146,000 | 7 Jan 2014 |
| £128,000 | 28 May 2004 |
| £79,000 | 7 Sep 2001 |
| £46,000 | 15 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 December 2018 the House Price Index for MEDWAY was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £230,000 results in an estimated price of approximately £282,577.
| 20 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £230,000 | £52,577 | £282,577 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -2.681 % | £-6,166 | £223,833 |
| 3 Month Average | 23.830 % | £54,810 | £284,810 |
| 6 Month Average | 23.177 % | £53,307 | £283,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £252,387 | £250,000 | 11 WESTBROOKE CLOSE |
| 14 Jul 2023 | £176,671 | £175,000 | 160 SYMONS AVENUE |
| 31 Mar 2023 | £221,196 | £220,000 | 44 HAIG AVENUE |
| 24 Jun 2022 | £242,457 | £240,000 | 128 SYMONS AVENUE |
| 25 Mar 2022 | £245,119 | £237,500 | 14 WESTBROOKE CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Jun 2013. Using an estimated price of £282,578 means this house is valued at £4,347 per sq meter (£403 per sq foot).
The average size of a house on TERENCE CLOSE is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Terence Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Terence Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Terence Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Terence Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Terence Close |