£252,077
This estimated value is based upon the latest sale price for the house of £148,000 on 17 Feb 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £148,000 | 17 Feb 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 February 2010 the House Price Index for MEDWAY was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £148,000 results in an estimated price of approximately £252,077.
| 17 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £148,000 | £104,077 | £252,077 |
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 | 42.713 % | £63,214 | £211,214 |
| 3 Month Average | 60.018 % | £88,825 | £236,825 |
| 6 Month Average | 89.250 % | £132,090 | £280,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £340,966 | £335,000 | 10 GREENWAY |
| 12 Jun 2023 | £308,740 | £305,000 | 33 BINLAND GROVE |
| 30 Mar 2023 | £176,664 | £175,000 | 26 VALE DRIVE |
| 17 Feb 2023 | £189,872 | £190,000 | 28 VALE DRIVE |
| 4 Aug 2022 | £334,101 | £335,000 | 26 BINLAND GROVE |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 18 May 2009. Using an estimated price of £252,077 means this house is valued at £2,874 per sq meter (£267 per sq foot).
The average size of a house on WEST DRIVE is 71 sq meters (767 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Drive |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Barberry Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Shirley Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shirley Avenue |
| Feb 2024 | Anti-social behaviour | On or near Greenway |