£345,726
This estimated value is based upon the latest sale price for the house of £277,000 on 28 Mar 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £277,000 | 28 Mar 2018 |
| £230,000 | 3 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2018 the House Price Index for MEDWAY was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £277,000 results in an estimated price of approximately £345,726.
| 28 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £277,000 | £68,726 | £345,726 |
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 | 42.332 % | £117,259 | £394,259 |
| 3 Month Average | 0.109 % | £303 | £277,303 |
| 6 Month Average | 21.605 % | £59,844 | £336,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £285,667 | £282,000 | 13 CRESTWAY |
| 18 Aug 2023 | £402,447 | £400,000 | 2 ASH CLOSE |
| 20 Jun 2023 | £269,183 | £267,000 | 57 CRESTWAY |
| 17 Jan 2023 | £376,691 | £380,000 | 40 DOWNSVIEW |
| 25 Nov 2022 | £467,420 | £475,000 | 4 MAUNDERS CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Feb 2015. Using an estimated price of £345,726 means this house is valued at £4,489 per sq meter (£417 per sq foot).
The average size of a house on BRIER CLOSE is 120 sq meters (1,297 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crestway |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway | |
| Mar 2024 | Anti-social behaviour | On or near Crestway |