£569,232
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Aug 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £450,000 | 9 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 August 2017 the House Price Index for MEDWAY was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £450,000 results in an estimated price of approximately £569,232.
| 9 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £450,000 | £119,232 | £569,232 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 72.520 % | £326,338 | £776,338 |
| 3 Month Average | 18.445 % | £83,004 | £533,004 |
| 6 Month Average | 19.229 % | £86,532 | £536,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £605,044 | £603,000 | 2 SWAIN ROAD |
| 17 Aug 2023 | £352,141 | £350,000 | 23 HOATH LANE |
| 16 Mar 2022 | £443,794 | £430,000 | 29 WOODSIDE |
| 21 Jun 2021 | £542,310 | £507,500 | 3 WOODSIDE |
| 4 Mar 2021 | £631,910 | £570,000 | 18 SWAIN ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 17 Feb 2017. Using an estimated price of £569,232 means this house is valued at £4,482 per sq meter (£416 per sq foot).
The average size of a house on WOODSIDE is 138 sq meters (1,486 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sherlodge Mews |
| Apr 2024 | Anti-social behaviour | On or near Sherlodge Mews | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherlodge Mews |