£341,983
This estimated value is based upon the latest sale price for the house of £280,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £280,000 | 1 Oct 2019 |
| £72,000 | 28 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £280,000 results in an estimated price of approximately £341,983.
| 1 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £280,000 | £61,983 | £341,983 |
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 | 52.974 % | £148,326 | £428,326 |
| 3 Month Average | 0.027 % | £76 | £280,076 |
| 6 Month Average | 21.020 % | £58,854 | £338,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £290,496 | £285,000 | 59 PHOENIX ROAD |
| 18 Aug 2023 | £268,634 | £267,000 | 46 TUSCAN DRIVE |
| 21 Jul 2023 | £273,739 | £271,150 | 15 TUSCAN DRIVE |
| 1 Aug 2022 | £293,020 | £295,000 | 20 BOWER GREEN |
| 27 May 2022 | £263,923 | £260,000 | 32 RENOWN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Apr 2019. Using an estimated price of £341,984 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on HAMWICK GREEN is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hamwick Green |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Renown Road |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Renown Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Rover Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rover Road |