£314,392
This estimated value is based upon the latest sale price for the house of £260,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£260,000 | 24 Jul 2020 |
£47,995 | 19 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2020 the House Price Index for MEDWAY was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £260,000 results in an estimated price of approximately £314,392.
24 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £260,000 | £54,392 | £314,392 |
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 | 15.686 % | £40,784 | £300,784 |
3 Month Average | -6.735 % | £-17,512 | £242,487 |
6 Month Average | 17.657 % | £45,909 | £305,909 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £303,678 | £300,000 | 30 WHIMBREL WALK |
20 Jan 2023 | £340,397 | £342,000 | 23 DOTTEREL CLOSE |
23 Sep 2022 | £267,837 | £270,000 | 14 DOTTEREL CLOSE |
10 Aug 2022 | £309,168 | £310,000 | 15 PLOVER CLOSE |
28 Jul 2022 | £255,688 | £255,000 | 6 SANDPIPER ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jun 2015. Using an estimated price of £314,393 means this house is valued at £3,613 per sq meter (£335 per sq foot).
The average size of a house on WHIMBREL WALK is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandpiper Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arundel Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shamley Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shamley Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Shamley Road |