£330,454
This estimated value is based upon the latest sale price for the house of £332,000 on 14 Nov 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £332,000 | 14 Nov 2022 |
| £86,500 | 30 Aug 2000 |
| £60,000 | 26 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2022 the House Price Index for MEDWAY was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £332,000 results in an estimated price of approximately £330,454.
| 14 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £332,000 | £-1,545 | £330,454 |
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 | 1.886 % | £6,260 | £338,260 |
| 3 Month Average | 4.864 % | £16,147 | £348,147 |
| 6 Month Average | -6.279 % | £-20,845 | £311,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £288,650 | £290,000 | 27 OLD CASTLE WALK |
| 14 Nov 2022 | £330,455 | £332,000 | 29 STIRLING CLOSE |
| 13 May 2022 | £405,566 | £395,000 | 19 TYLER DRIVE |
| 29 Sep 2021 | £271,392 | £250,000 | 5 OLD CASTLE WALK |
| 24 Sep 2021 | £287,676 | £265,000 | 16 TYLER DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Aug 2019. Using an estimated price of £330,455 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on STIRLING CLOSE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stirling Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Stirling Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clavell Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Tyler Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nares Road |