£345,840
This estimated value is based upon the latest sale price for the house of £310,000 on 23 Aug 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £310,000 | 23 Aug 2021 |
| £138,000 | 8 Oct 2002 |
| £114,000 | 12 Apr 2001 |
| 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 August 2021 the House Price Index for MEDWAY was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £310,000 results in an estimated price of approximately £345,840.
| 23 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £310,000 | £35,840 | £345,840 |
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 | -20.303 % | £-62,940 | £247,059 |
| 3 Month Average | -22.982 % | £-71,242 | £238,757 |
| 6 Month Average | -5.096 % | £-15,797 | £294,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £269,356 | £267,000 | 46 TUSCAN DRIVE |
| 21 Jul 2023 | £274,849 | £271,150 | 15 TUSCAN DRIVE |
| 17 Jul 2023 | £304,093 | £300,000 | 16 CROFT CLOSE |
| 1 Aug 2022 | £294,208 | £295,000 | 20 BOWER GREEN |
| 17 Dec 2021 | £265,702 | £248,000 | 26 CYGNET ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Apr 2017. Using an estimated price of £345,841 means this house is valued at £4,491 per sq meter (£417 per sq foot).
The average size of a house on BRINDLE WAY is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Brindle Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Renown Road |
| Feb 2024 | Burglary | Under investigation | On or near Cygnet Road |
| Jan 2024 | Anti-social behaviour | On or near Cygnet Road | |
| Jan 2024 | Anti-social behaviour | On or near Cygnet Road |