£226,267
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Jan 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £215,000 | 17 Jan 2022 |
| £124,995 | 28 Sep 2007 |
| £107,000 | 7 Oct 2005 |
| £88,000 | 17 Feb 2004 |
| £60,000 | 30 Nov 2001 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 43 sq meters or 462 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 January 2022 the House Price Index for MEDWAY was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £215,000 results in an estimated price of approximately £226,267.
| 17 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £215,000 | £11,267 | £226,267 |
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 | -34.890 % | £-75,013 | £139,986 |
| 3 Month Average | -14.133 % | £-30,387 | £184,612 |
| 6 Month Average | 5.806 % | £12,482 | £227,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £284,133 | £280,500 | 31 WEYBRIDGE CLOSE |
| 25 Aug 2023 | £151,324 | £150,000 | 25 WEYBRIDGE CLOSE |
| 4 Aug 2023 | £277,427 | £275,000 | 59 WEYBRIDGE CLOSE |
| 31 Mar 2023 | £121,141 | £120,000 | 44 SHEPPERTON CLOSE |
| 31 Oct 2022 | £103,881 | £105,000 | 51 WEYBRIDGE CLOSE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 18 Apr 2019. Using an estimated price of £226,268 means this house is valued at £5,262 per sq meter (£488 per sq foot).
The average size of a house on WEYBRIDGE CLOSE is 60 sq meters (651 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Weybridge Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Weybridge Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Weybridge Close |
| Mar 2024 | Anti-social behaviour | On or near Shepperton Close | |
| Jan 2024 | Anti-social behaviour | On or near Shepperton Close |