£141,395
This estimated value is based upon the latest sale price for the house of £85,000 on 1 Jun 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£85,000 | 1 Jun 2007 |
Terraced |
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 June 2007 the House Price Index for MEDWAY was 62.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 66.348%.Applying this 66.348% change to the original purchase price of £85,000 results in an estimated price of approximately £141,395.
1 Jun 2007 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 104.3 | 66.348 % | £85,000 | £56,395 | £141,395 |
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 | 89.325 % | £75,926 | £160,926 |
3 Month Average | 95.643 % | £81,296 | £166,296 |
6 Month Average | 85.756 % | £72,892 | £157,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jan 2025 | £307,972 | £300,000 | 26 SLADE CLOSE |
19 Dec 2024 | £361,078 | £350,000 | 17 SWINGATE CLOSE |
4 Oct 2024 | £177,133 | £170,000 | 5 KATHERINE COURT DARGETS ROAD |
13 Mar 2024 | £211,376 | £198,000 | 74 DUCHESS OF KENT DRIVE |
3 Apr 2023 | £370,233 | £350,000 | 4 SWINGATE CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Dec 2009. Using an estimated price of £141,396 means this house is valued at £1,625 per sq meter (£150 per sq foot).
The average size of a house on SLADE CLOSE is 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Slade Close |
Mar 2025 | Public order | Awaiting court outcome | On or near Swingate Close |
Feb 2025 | Public order | Awaiting court outcome | On or near Swingate Close |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Swingate Close |
Mar 2025 | Other theft | Under investigation | On or near Albion Road |