£310,985
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Jun 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Jun 2018 |
| £266,500 | 22 Jul 2016 |
| 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 June 2018 the House Price Index for MEDWAY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £250,000 results in an estimated price of approximately £310,985.
| 26 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £250,000 | £60,985 | £310,985 |
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 | -14.743 % | £-36,856 | £213,143 |
| 3 Month Average | 1.889 % | £4,721 | £254,721 |
| 6 Month Average | 21.805 % | £54,512 | £304,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £388,662 | £385,000 | 17 FOREST DRIVE |
| 6 Jul 2022 | £468,762 | £467,500 | 29 MARLOW COPSE |
| 26 May 2022 | £295,569 | £290,000 | 11 FRENSHAM WALK |
| 23 May 2022 | £428,066 | £420,000 | 17 POLHILL DRIVE |
| 3 May 2022 | £332,261 | £326,000 | 9 VALLEY RISE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Nov 2015. Using an estimated price of £310,986 means this house is valued at £4,038 per sq meter (£375 per sq foot).
The average size of a house on BOLNER CLOSE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bolner Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Friars Avenue |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Jan 2024 | Anti-social behaviour | On or near The Glade |