£308,881
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 29 Nov 2019 |
| £207,500 | 31 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £250,000 results in an estimated price of approximately £308,881.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £250,000 | £58,881 | £308,881 |
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 | 40.099 % | £100,246 | £350,246 |
| 3 Month Average | 12.574 % | £31,435 | £281,435 |
| 6 Month Average | 14.686 % | £36,714 | £286,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £306,762 | £300,000 | 19 COPPERTREE WALK |
| 11 Aug 2023 | £300,164 | £294,750 | 29 COPPERTREE WALK |
| 1 Jun 2023 | £321,442 | £315,000 | 23 COPPERTREE WALK |
| 19 Apr 2022 | £306,039 | £295,000 | 3 COPPERTREE WALK |
| 1 Apr 2022 | £306,039 | £295,000 | 21 BADGER ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 31 Mar 2015. Using an estimated price of £308,881 means this house is valued at £4,231 per sq meter (£393 per sq foot).
The average size of a house on CROFT CLOSE is 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Close |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Croft Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Brindle Way |
| Jul 2024 | Public order | Under investigation | On or near Brindle Way |
| May 2024 | Anti-social behaviour | On or near Brindle Way |