£156,229
This estimated value is based upon the latest sale price for the house of £35,500 on 17 Sep 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£35,500 | 17 Sep 1999 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 1999 the House Price Index for MEDWAY was 23.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 340.084%.Applying this 340.084% change to the original purchase price of £35,500 results in an estimated price of approximately £156,229.
17 Sep 1999 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
23.7 | 104.3 | 340.084 % | £35,500 | £120,729 | £156,229 |
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 | 396.575 % | £140,784 | £176,284 |
3 Month Average | 404.679 % | £143,661 | £179,161 |
6 Month Average | 368.543 % | £130,832 | £166,332 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2025 | £280,000 | £280,000 | 2 KINROSS CLOSE |
11 Oct 2024 | £296,958 | £285,000 | 4 KINROSS CLOSE |
30 Jun 2023 | £190,599 | £180,000 | 3 SOLENT GARDENS |
19 May 2022 | £113,777 | £106,250 | 4 SOLENT GARDENS |
14 Apr 2022 | £264,803 | £245,000 | 28 HEATHFIELD CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 15 Aug 2016. Using an estimated price of £156,230 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on VULCAN CLOSE is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Fisher Road |
Feb 2025 | Other crime | Investigation complete; no suspect identified | On or near Fisher Road |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Fisher Road |
Mar 2025 | Other theft | Under investigation | On or near Limetree Close |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Close |