£145,774
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Jan 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £120,000 | 30 Jan 2020 |
| £65,000 | 30 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for MEDWAY was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £120,000 results in an estimated price of approximately £145,774.
| 30 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £120,000 | £25,774 | £145,774 |
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 | 48.894 % | £58,673 | £178,673 |
| 3 Month Average | 3.283 % | £3,939 | £123,939 |
| 6 Month Average | 22.342 % | £26,810 | £146,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £221,346 | £220,000 | 1 HONEYSUCKLE CLOSE |
| 23 Jun 2023 | £295,395 | £293,000 | 57 YARROW ROAD |
| 22 Jul 2022 | £279,622 | £280,000 | 23 GENTIAN CLOSE |
| 14 Apr 2022 | £287,179 | £280,000 | 44 SPEEDWELL AVENUE |
| 21 Mar 2022 | £464,435 | £450,000 | 103 CHESTNUT AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Jul 2017. Using an estimated price of £145,775 means this house is valued at £2,175 per sq meter (£202 per sq foot).
The average size of a house on GENTIAN CLOSE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Larkspur Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Yarrow Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yarrow Road |