£168,431
This estimated value is based upon the latest sale price for the house of £98,500 on 30 Apr 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £98,500 | 30 Apr 2010 |
| £51,995 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 450 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 April 2010 the House Price Index for MEDWAY was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £98,500 results in an estimated price of approximately £168,431.
| 30 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £98,500 | £69,931 | £168,431 |
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 | 102.128 % | £100,596 | £199,096 |
| 3 Month Average | 78.401 % | £77,224 | £175,724 |
| 6 Month Average | 80.360 % | £79,154 | £177,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £304,681 | £300,000 | 9 STAG ROAD |
| 17 Apr 2023 | £361,767 | £355,000 | 12 STAG ROAD |
| 9 Jan 2023 | £305,817 | £305,000 | 4 TYNE CLOSE |
| 4 Aug 2022 | £281,315 | £280,000 | 7 SEVERN ROAD |
| 1 Jul 2022 | £318,188 | £315,000 | 7 STAG ROAD |
This house has a floor area of 41 sq meters or 450 sq feet when measured on 29 Jan 2010. Using an estimated price of £168,431 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on TAY CLOSE is 51 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Camden Close |
| Jun 2024 | Anti-social behaviour | On or near Camden Close | |
| Jun 2024 | Anti-social behaviour | On or near Camden Close | |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wittersham Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Redbridge Close |