£548,977
This estimated value is based upon the latest sale price for the house of £447,500 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £447,500 | 18 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 211 sq meters or 2,271 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 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £447,500 results in an estimated price of approximately £548,977.
| 18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £447,500 | £101,477 | £548,977 |
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 | -5.907 % | £-26,435 | £421,064 |
| 3 Month Average | -1.034 % | £-4,627 | £442,872 |
| 6 Month Average | 21.554 % | £96,455 | £543,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £302,648 | £300,000 | 22 KINGFISHER DRIVE |
| 21 Mar 2023 | £234,207 | £232,000 | 26 SHERIDAN CLOSE |
| 13 Jan 2023 | £328,453 | £330,000 | 34 SHERIDAN CLOSE |
| 6 Jan 2023 | £622,070 | £625,000 | 2 BARLEYMOW CLOSE |
| 16 Sep 2022 | £560,474 | £565,000 | 35 BARLEYMOW CLOSE |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 30 May 2013. Using an estimated price of £548,977 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on BARLEYMOW CLOSE is 179 sq meters (1,928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sheridan Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Anson Close |
| Dec 2023 | Anti-social behaviour | On or near Anson Close |