£184,882
This estimated value is based upon the latest sale price for the house of £150,000 on 27 Feb 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 27 Feb 2020 |
| £155,000 | 28 Apr 2017 |
| £108,000 | 10 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 611 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 2020 the House Price Index for MEDWAY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £150,000 results in an estimated price of approximately £184,882.
| 27 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £150,000 | £34,882 | £184,882 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 27.158 % | £40,736 | £190,736 |
| 3 Month Average | 35.703 % | £53,554 | £203,554 |
| 6 Month Average | 12.067 % | £18,100 | £168,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £250,000 | £250,000 | 70 BORSTAL STREET |
| 27 Oct 2023 | £445,109 | £435,000 | 72 - 74 BORSTAL STREET |
| 2 Aug 2023 | £162,939 | £160,000 | 64 SHORTS WAY |
| 22 Mar 2023 | £101,698 | £100,000 | 44A BORSTAL STREET |
| 17 Mar 2023 | £254,246 | £250,000 | 160 KEATING CLOSE |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 12 Feb 2011. Using an estimated price of £184,882 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on SUNDERLAND CLOSE is 57 sq meters (616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunderland Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunderland Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercury Close |