£442,220
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Mar 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£300,000 | 11 Mar 2015 |
£215,000 | 18 Nov 2009 |
£118,250 | 21 May 1999 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,308 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 2015 the House Price Index for MEDWAY was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £300,000 results in an estimated price of approximately £442,220.
11 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £300,000 | £142,220 | £442,220 |
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 | 17.773 % | £53,319 | £353,319 |
3 Month Average | 36.677 % | £110,032 | £410,032 |
6 Month Average | 64.832 % | £194,496 | £494,496 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £306,418 | £302,500 | 21 HIGHGROVE ROAD |
6 Jul 2023 | £456,139 | £450,000 | 19 HIGHGROVE ROAD |
31 Mar 2023 | £418,947 | £415,000 | 32 GLAMIS CLOSE |
24 Mar 2023 | £445,194 | £441,000 | 4 HIGHGROVE ROAD |
21 Mar 2023 | £325,567 | £322,500 | 2 BRONINGTON CLOSE |
This house has a floor area of 121 sq meters or 1,308 sq feet when measured on 19 Mar 2009. Using an estimated price of £442,220 means this house is valued at £3,637 per sq meter (£337 per sq foot).
The average size of a house on GLAMIS CLOSE is 113 sq meters (1,218 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Swallow Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Swallow Rise |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Birk Hall Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Illustrious Close |