£293,270
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 8 Oct 2020 |
| £134,000 | 20 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £250,000 results in an estimated price of approximately £293,270.
| 8 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £250,000 | £43,270 | £293,270 |
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 | -15.876 % | £-39,690 | £210,309 |
| 3 Month Average | -9.288 % | £-23,219 | £226,780 |
| 6 Month Average | 11.514 % | £28,784 | £278,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £310,432 | £305,000 | 10 THE LINKS |
| 25 Aug 2023 | £348,045 | £345,000 | 8 HAZEL GROVE |
| 28 Jul 2023 | £369,980 | £365,000 | 43 FALLOWFIELD |
| 27 Jan 2023 | £268,734 | £270,000 | 14 BANKSIDE |
| 24 Jan 2023 | £278,687 | £280,000 | 71 STREET END ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 17 Jun 2020. Using an estimated price of £293,271 means this house is valued at £3,665 per sq meter (£340 per sq foot).
The average size of a house on HAZEL GROVE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Grove |
| Mar 2024 | Anti-social behaviour | On or near Hazel Grove | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Hazel Grove |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hazel Grove |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Hazel Grove |