£346,862
This estimated value is based upon the latest sale price for the house of £300,000 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£300,000 | 22 Dec 2020 |
£131,000 | 5 May 2006 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £300,000 results in an estimated price of approximately £346,862.
22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £300,000 | £46,862 | £346,862 |
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 | 24.452 % | £73,355 | £373,355 |
3 Month Average | 5.748 % | £17,244 | £317,244 |
6 Month Average | 4.702 % | £14,105 | £314,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £336,061 | £330,000 | 67 CHRISTIE CLOSE |
5 Apr 2023 | £298,075 | £292,500 | 58 WINCHELSEA ROAD |
22 Mar 2023 | £279,671 | £275,000 | 15 WINCHELSEA ROAD |
30 Jan 2023 | £285,764 | £285,000 | 23 BURMARSH CLOSE |
8 Jul 2022 | £272,733 | £270,000 | 30 WINCHELSEA ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 13 Aug 2020. Using an estimated price of £346,863 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on WINCHELSEA ROAD is 66 sq meters (717 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winchelsea Road |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Winchelsea Road |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Winchelsea Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Winchelsea Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burmarsh Close |