£535,736
This estimated value is based upon the latest sale price for the house of £525,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £525,000 | 30 Jun 2023 |
| £430,000 | 27 Oct 2020 |
| £266,000 | 20 May 2005 |
| £105,000 | 19 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2023 the House Price Index for MEDWAY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £525,000 results in an estimated price of approximately £535,736.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £525,000 | £10,736 | £535,736 |
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 | 4.807 % | £25,236 | £550,236 |
| 3 Month Average | -1.151 % | £-6,044 | £518,955 |
| 6 Month Average | -4.373 % | £-22,957 | £502,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 122A BREDHURST ROAD |
| 5 Oct 2023 | £511,619 | £499,999 | 180 BREDHURST ROAD |
| 30 Jun 2023 | £535,736 | £525,000 | 26 FOULDS CLOSE |
| 13 Feb 2023 | £147,989 | £147,000 | 194D FAIRVIEW AVENUE |
| 27 Jul 2022 | £808,097 | £800,000 | 97 FAIRVIEW AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 7 Jul 2020. Using an estimated price of £535,736 means this house is valued at £4,870 per sq meter (£452 per sq foot).
The average size of a house on FOULDS CLOSE is 140 sq meters (1,508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foulds Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foulds Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Bredhurst Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredhurst Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wigmore Road |