£348,146
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 27 Nov 2015 |
| £72,000 | 9 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2015 the House Price Index for MEDWAY was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £250,000 results in an estimated price of approximately £348,146.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £250,000 | £98,146 | £348,146 |
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 | 87.942 % | £219,854 | £469,854 |
| 3 Month Average | 21.770 % | £54,424 | £304,424 |
| 6 Month Average | 49.089 % | £122,721 | £372,721 |
| 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 79 sq meters or 850 sq feet when measured on 16 Jun 2015. Using an estimated price of £348,146 means this house is valued at £4,406 per sq meter (£409 per sq foot).
The average size of a house on FRANCIS DRIVE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Francis Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Francis Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Francis Drive |
| 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 |