£333,514
This estimated value is based upon the latest sale price for the house of £230,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£230,000 | 17 Jul 2015 |
£165,000 | 20 Apr 2007 |
£135,000 | 16 Nov 2004 |
Detached |
Freehold |
Floor Area: 37 sq meters or 398 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 July 2015 the House Price Index for MEDWAY was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £230,000 results in an estimated price of approximately £333,514.
17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £230,000 | £103,514 | £333,514 |
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 | 80.224 % | £184,515 | £414,515 |
3 Month Average | 46.006 % | £105,814 | £335,814 |
6 Month Average | 45.967 % | £105,725 | £335,725 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £271,159 | £265,000 | 26 KING GEORGE ROAD |
9 Aug 2023 | £276,996 | £272,000 | 12 BARRINGTON CLOSE |
9 Aug 2023 | £361,520 | £355,000 | 1 COURT BUSHES KING GEORGE ROAD |
30 Jun 2023 | £428,589 | £420,000 | 205 WALDERSLADE ROAD |
15 Jun 2023 | £244,908 | £240,000 | 186 WALDERSLADE ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 26 Aug 2013. Using an estimated price of £333,514 means this house is valued at £9,013 per sq meter (£837 per sq foot).
The average size of a house on BARRINGTON CLOSE is 56 sq meters (610 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Barrington Close | |
Jun 2024 | Anti-social behaviour | On or near Barrington Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barrington Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |