£175,436
This estimated value is based upon the latest sale price for the house of £95,000 on 25 Aug 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £95,000 | 25 Aug 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 44 sq meters or 475 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 August 2005 the House Price Index for MEDWAY was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £95,000 results in an estimated price of approximately £175,436.
| 25 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £95,000 | £80,436 | £175,436 |
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 | 131.168 % | £124,609 | £219,609 |
| 3 Month Average | 99.345 % | £94,377 | £189,377 |
| 6 Month Average | 103.427 % | £98,255 | £193,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £214,880 | £210,000 | 25 WYVILL CLOSE |
| 17 Jun 2022 | £197,216 | £193,000 | 31 BOND ROAD |
| 1 Jun 2022 | £485,375 | £475,000 | 4 BOND ROAD |
| 8 Apr 2022 | £389,033 | £375,000 | 3 GOLDSMITH ROAD |
| 11 Feb 2022 | £142,622 | £135,000 | 25 BOND ROAD |
This house has a floor area of 44 sq meters or 475 sq feet when measured on 8 Dec 2011. Using an estimated price of £175,436 means this house is valued at £3,969 per sq meter (£368 per sq foot).
The average size of a house on WYVILL CLOSE is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goodall Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldsmith Road |
| Jul 2024 | Anti-social behaviour | On or near Goldsmith Road | |
| Jul 2024 | Anti-social behaviour | On or near Goldsmith Road | |
| Jul 2024 | Anti-social behaviour | On or near Goldsmith Road |