£571,696
This estimated value is based upon the latest sale price for the house of £535,000 on 23 Jun 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £535,000 | 23 Jun 2021 |
| £163,000 | 14 May 1999 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,813 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 June 2021 the House Price Index for MEDWAY was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £535,000 results in an estimated price of approximately £571,696.
| 23 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £535,000 | £36,696 | £571,696 |
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 | 17.081 % | £91,383 | £626,383 |
| 3 Month Average | -21.493 % | £-114,987 | £420,012 |
| 6 Month Average | -5.389 % | £-28,830 | £506,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £290,496 | £285,000 | 4 SWIFT CRESCENT |
| 22 Nov 2023 | £305,927 | £302,000 | 27 SETFORD ROAD |
| 6 Jan 2023 | £619,558 | £625,000 | 2 BARLEYMOW CLOSE |
| 16 Sep 2022 | £558,211 | £565,000 | 35 BARLEYMOW CLOSE |
| 22 Jul 2022 | £719,028 | £720,000 | 38 BARLEYMOW CLOSE |
This house has a floor area of 168 sq meters or 1,813 sq feet when measured on 2 Nov 2010. Using an estimated price of £571,697 means this house is valued at £3,393 per sq meter (£315 per sq foot).
The average size of a house on RYEGRASS CLOSE is 191 sq meters (2,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryegrass Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryegrass Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Anson Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sheridan Close |