£403,523
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Aug 2012 |
| £105,000 | 17 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,479 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 August 2012 the House Price Index for MEDWAY was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.135%.Applying this 68.135% change to the original purchase price of £240,000 results in an estimated price of approximately £403,523.
| 24 Aug 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.135 % | £240,000 | £163,523 | £403,523 |
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 | 47.268 % | £113,443 | £353,443 |
| 3 Month Average | 55.846 % | £134,029 | £374,029 |
| 6 Month Average | 93.496 % | £224,391 | £464,391 |
This house has a floor area of 137 sq meters or 1,479 sq feet when measured on 25 Jun 2011.
There is one other house on the street which we know the size of, this is 4 OAKLAND CLOSE it is 106.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Mar 2024 | Anti-social behaviour | On or near Repton Way | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Repton Way |