£427,714
This estimated value is based upon the latest sale price for the house of £418,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Sedley Close
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| Price Paid | Date |
|---|---|
| £418,000 | 27 Oct 2023 |
| £302,500 | 23 Mar 2018 |
| £110,000 | 6 Dec 2001 |
| £69,000 | 1 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2023 the House Price Index for MEDWAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £418,000 results in an estimated price of approximately £427,714.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £418,000 | £9,714 | £427,714 |
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 | 1.824 % | £7,625 | £425,625 |
| 3 Month Average | 4.721 % | £19,731 | £437,731 |
| 6 Month Average | -0.656 % | £-2,741 | £415,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £427,714 | £418,000 | 15 SEDLEY CLOSE |
| 15 Sep 2023 | £270,973 | £265,000 | 19 THORPE WALK |
| 6 Mar 2023 | £330,520 | £325,000 | 19 ROWBROCKE CLOSE |
| 17 Feb 2023 | £302,017 | £300,000 | 87 HAWBECK ROAD |
| 9 Jun 2022 | £342,317 | £335,000 | 3 WOLLASTON MEWS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Aug 2017. Using an estimated price of £427,714 means this house is valued at £5,483 per sq meter (£509 per sq foot).
The average size of a house on SEDLEY CLOSE is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Sedley Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wollaston Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wollaston Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wollaston Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wollaston Close |