£284,821
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Oct 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Oct 2004 |
| £70,000 | 26 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 871 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 October 2004 the House Price Index for MEDWAY was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £150,000 results in an estimated price of approximately £284,821.
| 4 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £150,000 | £134,821 | £284,821 |
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 | 67.833 % | £101,749 | £251,749 |
| 3 Month Average | 73.771 % | £110,656 | £260,656 |
| 6 Month Average | 110.543 % | £165,813 | £315,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £303,885 | £300,000 | 19 COPPERTREE WALK |
| 11 Aug 2023 | £297,351 | £294,750 | 29 COPPERTREE WALK |
| 17 Jul 2023 | £304,093 | £300,000 | 16 CROFT CLOSE |
| 1 Jun 2023 | £318,862 | £315,000 | 23 COPPERTREE WALK |
| 19 Apr 2022 | £303,791 | £295,000 | 3 COPPERTREE WALK |
This house has a floor area of 80 sq meters or 871 sq feet when measured on 27 Nov 2010. Using an estimated price of £284,821 means this house is valued at £3,518 per sq meter (£326 per sq foot).
The average size of a house on COPPERTREE WALK is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Brindle Way |