£308,136
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Feb 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 | 13 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for MEDWAY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £250,000 results in an estimated price of approximately £308,136.
| 13 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £250,000 | £58,136 | £308,136 |
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 | 2.068 % | £5,169 | £255,169 |
| 3 Month Average | 11.362 % | £28,403 | £278,403 |
| 6 Month Average | 10.463 % | £26,156 | £276,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £280,624 | £275,000 | 19 COLLET WALK |
| 3 Mar 2023 | £294,925 | £290,000 | 31 BEKE ROAD |
| 10 Jun 2022 | £298,889 | £292,500 | 5 READSCROFT ROAD |
| 9 May 2022 | £297,757 | £290,000 | 8 CRISPE CLOSE |
| 22 Apr 2022 | £368,285 | £355,000 | 27 CULPEPPER ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 May 2012. Using an estimated price of £308,137 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on COLLET WALK is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Readscroft Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beke Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Moyle Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crispe Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craddock Way |