£250,150
This estimated value is based upon the latest sale price for the house of £169,000 on 8 Apr 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £169,000 | 8 Apr 2015 |
| £132,000 | 22 Dec 2008 |
| £139,000 | 29 Sep 2006 |
| £104,500 | 13 Dec 2002 |
| £75,000 | 27 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 April 2015 the House Price Index for MEDWAY was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £169,000 results in an estimated price of approximately £250,150.
| 8 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £169,000 | £81,150 | £250,150 |
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 | 72.017 % | £121,708 | £290,708 |
| 3 Month Average | 46.568 % | £78,699 | £247,699 |
| 6 Month Average | 51.079 % | £86,324 | £255,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £264,057 | £260,000 | 24 ABINGER DRIVE |
| 30 Oct 2023 | £279,856 | £273,500 | 19 ABINGER DRIVE |
| 19 Oct 2023 | £276,275 | £270,000 | 48 ABINGER DRIVE |
| 31 Aug 2023 | £290,235 | £285,000 | 51 ABINGER DRIVE |
| 30 Jun 2023 | £295,930 | £290,000 | 54 ABINGER DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Jan 2020. Using an estimated price of £250,150 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on CLANDON ROAD is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Farley Close | |
| Jun 2024 | Anti-social behaviour | On or near Farley Close | |
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Farley Close |
| Jun 2024 | Anti-social behaviour | On or near Farley Close | |
| Jun 2024 | Anti-social behaviour | On or near Farley Close |