£232,144
This estimated value is based upon the latest sale price for the house of £190,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £190,000 | 18 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £190,000 results in an estimated price of approximately £232,144.
| 18 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £190,000 | £42,144 | £232,144 |
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 | 63.533 % | £120,712 | £310,712 |
| 3 Month Average | 1.082 % | £2,055 | £192,055 |
| 6 Month Average | 22.077 % | £41,945 | £231,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £216,315 | £215,000 | 16 ROWAN LEA |
| 4 Aug 2023 | £427,600 | £425,000 | 10 NUTFIELD CLOSE |
| 20 Jun 2023 | £269,183 | £267,000 | 57 CRESTWAY |
| 28 Apr 2023 | £272,022 | £270,000 | 46 ROWAN LEA |
| 17 Jan 2023 | £376,691 | £380,000 | 40 DOWNSVIEW |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 15 Oct 2019. Using an estimated price of £232,144 means this house is valued at £3,805 per sq meter (£353 per sq foot).
The average size of a house on CRESTWAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway |