£270,980
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Jul 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Jul 2001 |
| £50,000 | 15 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2001 the House Price Index for MEDWAY was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £80,000 results in an estimated price of approximately £270,980.
| 11 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £80,000 | £190,980 | £270,980 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 212.223 % | £169,778 | £249,778 |
| 3 Month Average | 226.704 % | £181,363 | £261,363 |
| 6 Month Average | 233.263 % | £186,610 | £266,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £183,643 | £178,000 | 20 WOLLASTON CLOSE |
| 6 Oct 2023 | £286,507 | £280,000 | 37 RYCAUT CLOSE |
| 7 Aug 2023 | £268,849 | £264,000 | 28 RYCAUT CLOSE |
| 22 Jun 2023 | £297,971 | £292,000 | 45 RYCAUT CLOSE |
| 6 Mar 2023 | £330,520 | £325,000 | 19 ROWBROCKE CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 May 2018. Using an estimated price of £270,981 means this house is valued at £3,816 per sq meter (£354 per sq foot).
The average size of a house on ROWBROCKE CLOSE is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wollaston Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wollaston Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wollaston Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wollaston Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wollaston Close |