£280,281
This estimated value is based upon the latest sale price for the house of £275,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 16 May 2022 |
| £153,500 | 15 Mar 2012 |
| £154,995 | 23 May 2007 |
| £129,000 | 20 Feb 2004 |
| £47,500 | 12 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 958 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 May 2022 the House Price Index for MEDWAY was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £275,000 results in an estimated price of approximately £280,281.
| 16 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £275,000 | £5,281 | £280,281 |
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 | 9.555 % | £26,277 | £301,277 |
| 3 Month Average | -18.655 % | £-51,300 | £223,699 |
| 6 Month Average | -1.533 % | £-4,216 | £270,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £228,070 | £225,000 | 7 BERKSHIRE CLOSE |
| 17 Feb 2023 | £309,792 | £310,000 | 20 WORDSWORTH CLOSE |
| 24 Aug 2022 | £262,294 | £263,000 | 14 WORDSWORTH CLOSE |
| 10 Aug 2022 | £274,262 | £275,000 | 18 WORDSWORTH CLOSE |
| 22 Jul 2022 | £251,677 | £251,000 | 10 HAMPSHIRE CLOSE |
This house has a floor area of 89 sq meters or 958 sq feet when measured on 10 Jan 2012. Using an estimated price of £280,281 means this house is valued at £3,146 per sq meter (£292 per sq foot).
The average size of a house on HAMPSHIRE CLOSE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devon Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Devon Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Close |
| Mar 2024 | Other crime | Under investigation | On or near Berkshire Close |