£301,027
This estimated value is based upon the latest sale price for the house of £200,000 on 26 Sep 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 26 Sep 2014 |
| £175,000 | 2 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2014 the House Price Index for MEDWAY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £200,000 results in an estimated price of approximately £301,027.
| 26 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £200,000 | £101,027 | £301,027 |
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 | 3.855 % | £7,709 | £207,709 |
| 3 Month Average | 34.206 % | £68,412 | £268,412 |
| 6 Month Average | 66.874 % | £133,747 | £333,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £216,897 | £215,000 | 16 ROWAN LEA |
| 4 Aug 2023 | £428,751 | £425,000 | 10 NUTFIELD CLOSE |
| 10 Mar 2023 | £205,940 | £204,000 | 15 ROWAN LEA |
| 17 Jan 2023 | £378,218 | £380,000 | 40 DOWNSVIEW |
| 29 Nov 2022 | £242,068 | £245,000 | 105 CRESTWAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Aug 2013. Using an estimated price of £301,028 means this house is valued at £3,909 per sq meter (£363 per sq foot).
The average size of a house on CRESTWAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crestway |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Feb 2024 | Anti-social behaviour | On or near Crestway |