£268,495
This estimated value is based upon the latest sale price for the house of £205,000 on 16 Feb 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £205,000 | 16 Feb 2017 |
| 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 February 2017 the House Price Index for MEDWAY was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £205,000 results in an estimated price of approximately £268,495.
| 16 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £205,000 | £63,495 | £268,495 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 49.829 % | £102,149 | £307,149 |
| 3 Month Average | 24.807 % | £50,854 | £255,854 |
| 6 Month Average | 26.600 % | £54,529 | £259,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £314,837 | £310,000 | 14 SELSTEAD CLOSE |
| 12 Dec 2023 | £319,828 | £310,000 | 19 DETLING CLOSE |
| 28 Sep 2023 | £273,018 | £267,000 | 56 LONDON ROAD |
| 1 Sep 2023 | £414,129 | £405,000 | 6 CALDEW AVENUE |
| 24 Aug 2023 | £356,429 | £350,000 | 39 STURRY WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 9 Dec 2016. Using an estimated price of £268,495 means this house is valued at £4,007 per sq meter (£372 per sq foot).
There is one other house on the street which we know the size of, this is 15 BLEAN ROAD it is 61.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Patrixbourne Avenue |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Patrixbourne Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrixbourne Avenue |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Romany Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blean Road |