£300,696
This estimated value is based upon the latest sale price for the house of £245,000 on 1 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £245,000 | 1 Oct 2018 |
| £165,500 | 29 Sep 2004 |
| £78,000 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £245,000 results in an estimated price of approximately £300,696.
| 1 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £245,000 | £55,696 | £300,696 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 8.274 % | £20,271 | £265,271 |
| 3 Month Average | 40.941 % | £100,306 | £345,306 |
| 6 Month Average | 29.272 % | £71,715 | £316,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £307,913 | £305,000 | 21 ELMHURST GARDENS |
| 22 Jun 2023 | £320,599 | £318,000 | 9 ELMHURST GARDENS |
| 14 Nov 2022 | £280,452 | £285,000 | 8 CRANLEIGH GARDENS |
| 15 Jul 2022 | £174,764 | £175,000 | FLAT 3 BLENHEIM COURT BOUNDARY ROAD |
| 6 Jul 2022 | £296,599 | £297,000 | 18 CRANLEIGH GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Jan 2018. Using an estimated price of £300,697 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on CRANLEIGH GARDENS is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |