£423,204
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Jun 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,212 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 June 2009 the House Price Index for MEDWAY was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £230,000 results in an estimated price of approximately £423,204.
| 5 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £230,000 | £193,204 | £423,204 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 79.491 % | £182,828 | £412,828 |
| 3 Month Average | 82.548 % | £189,860 | £419,860 |
| 6 Month Average | 103.432 % | £237,894 | £467,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £519,082 | £510,000 | 39 HUNTERS WAY WEST |
| 27 Sep 2023 | £365,676 | £361,000 | 40 DERBY ROAD |
| 15 Sep 2023 | £353,520 | £349,000 | 67 DERBY ROAD |
| 9 Jun 2023 | £369,475 | £365,000 | 2 NORE CLOSE |
| 22 Mar 2022 | £549,219 | £530,000 | 8 PRESTON AVENUE |
This house has a floor area of 112 sq meters or 1,212 sq feet when measured on 7 Jul 2011. Using an estimated price of £423,204 means this house is valued at £3,758 per sq meter (£349 per sq foot).
The average size of a house on ROWLAND CLOSE is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hunters Way West |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Avenue |
| Dec 2023 | Anti-social behaviour | On or near Preston Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Preston Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Preston Avenue |