£336,337
This estimated value is based upon the latest sale price for the house of £330,000 on 23 May 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £330,000 | 23 May 2022 |
| £290,000 | 31 Aug 2017 |
| £178,000 | 25 Nov 2011 |
| £135,000 | 31 Oct 2002 |
| £58,500 | 23 May 1997 |
| £57,000 | 29 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 831 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 May 2022 the House Price Index for MEDWAY was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £330,000 results in an estimated price of approximately £336,337.
| 23 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £330,000 | £6,337 | £336,337 |
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 | 90.407 % | £298,344 | £628,344 |
| 3 Month Average | -16.915 % | £-55,820 | £274,179 |
| 6 Month Average | -1.110 % | £-3,663 | £326,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £380,635 | £375,000 | 6 THE GLADE |
| 8 Sep 2023 | £395,051 | £390,000 | 5 BOXLEY ROAD |
| 1 Sep 2023 | £354,533 | £350,000 | 12 THE GLADE |
| 4 Aug 2023 | £388,398 | £385,000 | 4 MARION CLOSE |
| 28 Jul 2023 | £395,321 | £390,000 | 28 BOXLEY ROAD |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 31 Aug 2011. Using an estimated price of £336,337 means this house is valued at £4,351 per sq meter (£404 per sq foot).
The average size of a house on FRANCIS DRIVE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Francis Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Francis Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Betteridge Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Betteridge Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Betteridge Close |