£385,184
This estimated value is based upon the latest sale price for the house of £380,000 on 6 Jul 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £380,000 | 6 Jul 2023 |
| £165,000 | 29 Nov 2013 |
| £119,995 | 14 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2023 the House Price Index for MEDWAY was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £380,000 results in an estimated price of approximately £385,184.
| 6 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £380,000 | £5,184 | £385,184 |
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 | -40.423 % | £-153,605 | £226,394 |
| 3 Month Average | -11.007 % | £-41,827 | £338,172 |
| 6 Month Average | 2.346 % | £8,915 | £388,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £354,775 | £350,000 | 34 LIMETREE CLOSE |
| 10 Jul 2023 | £331,461 | £327,000 | 4 CHURCHILL AVENUE |
| 6 Jul 2023 | £385,184 | £380,000 | 12 LIMETREE CLOSE |
| 16 Jun 2022 | £358,060 | £353,000 | 4 BRAMBLEDOWN |
| 14 Apr 2022 | £252,301 | £245,000 | 28 HEATHFIELD CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Mar 2013. Using an estimated price of £385,184 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on LIMETREE CLOSE is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Limetree Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Limetree Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathfield Close |