£152,642
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Nov 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £115,000 | 30 Nov 2016 |
| £74,995 | 30 Sep 2002 |
| £40,995 | 30 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2016 the House Price Index for MEDWAY was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £115,000 results in an estimated price of approximately £152,642.
| 30 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £115,000 | £37,642 | £152,642 |
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 | 16.376 % | £18,832 | £133,832 |
| 3 Month Average | 23.971 % | £27,566 | £142,566 |
| 6 Month Average | 25.384 % | £29,192 | £144,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £164,041 | £159,000 | 19 CLAVELL CLOSE |
| 28 Apr 2023 | £249,670 | £245,000 | 33 OLD CASTLE WALK |
| 30 Mar 2023 | £331,537 | £326,000 | 13 CLAVELL CLOSE |
| 16 Nov 2022 | £288,650 | £290,000 | 27 OLD CASTLE WALK |
| 26 Jul 2022 | £137,377 | £136,000 | 21 CLAVELL CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 23 Sep 2014. Using an estimated price of £152,643 means this house is valued at £2,993 per sq meter (£278 per sq foot).
The average size of a house on CLAVELL CLOSE is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nares Road |
| Jun 2024 | Anti-social behaviour | On or near Nares Road | |
| Jun 2024 | Anti-social behaviour | On or near Nares Road | |
| May 2024 | Anti-social behaviour | On or near Nares Road | |
| May 2024 | Anti-social behaviour | On or near Nares Road |