£393,700
This estimated value is based upon the latest sale price for the house of £310,000 on 21 Nov 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £310,000 | 21 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 November 2017 the House Price Index for MEDWAY was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £310,000 results in an estimated price of approximately £393,700.
| 21 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £310,000 | £83,700 | £393,700 |
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 | 33.873 % | £105,005 | £415,005 |
| 3 Month Average | 15.777 % | £48,908 | £358,908 |
| 6 Month Average | 23.165 % | £71,810 | £381,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 122A BREDHURST ROAD |
| 5 Oct 2023 | £511,619 | £499,999 | 180 BREDHURST ROAD |
| 18 Sep 2023 | £726,004 | £710,000 | 215 BREDHURST ROAD |
| 30 Jun 2023 | £403,078 | £395,000 | 3 HANOVER DRIVE |
| 30 Jun 2023 | £535,736 | £525,000 | 26 FOULDS CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 5 Jul 2017. Using an estimated price of £393,700 means this house is valued at £3,859 per sq meter (£358 per sq foot).
The average size of a house on BREDHURST ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Bredhurst Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredhurst Road |
| Aug 2024 | Anti-social behaviour | On or near Melody Close | |
| Aug 2024 | Anti-social behaviour | On or near Melody Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melody Close |