£297,466
This estimated value is based upon the latest sale price for the house of £239,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£239,000 | 25 Sep 2020 |
£195,000 | 22 Jun 2015 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 September 2020 the House Price Index for MEDWAY was 83.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £239,000 results in an estimated price of approximately £297,466.
25 Sep 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.8 | 104.3 | 24.463 % | £239,000 | £58,466 | £297,466 |
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 | 1.279 % | £3,055 | £242,055 |
3 Month Average | 19.239 % | £45,980 | £284,980 |
6 Month Average | 16.455 % | £39,327 | £278,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jan 2025 | £256,644 | £250,000 | 34 VALERIAN CLOSE |
12 Dec 2024 | £335,287 | £325,000 | 57 HOLLAND ROAD |
12 Dec 2024 | £276,483 | £268,000 | 28 WOODHURST |
8 Mar 2024 | £296,246 | £277,500 | 40 WOODHURST |
7 Sep 2023 | £265,800 | £250,000 | 39 VALERIAN CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Apr 2015. Using an estimated price of £297,467 means this house is valued at £4,019 per sq meter (£373 per sq foot).
The average size of a house on WOODHURST is 74 sq meters (804 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodhurst |
Jan 2025 | Public order | Investigation complete; no suspect identified | On or near Valerian Close |