£1,991,608
This estimated value is based upon the latest sale price for the house of £325,000 on 9 May 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £325,000 | 9 May 2023 |
| £150,000 | 5 Feb 2014 |
| £133,500 | 20 Nov 2003 |
| £62,995 | 4 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 May 2023 the House Price Index for MEDWAY was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £325,000 results in an estimated price of approximately £1,991,608.
| 9 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £325,000 | £1,666,608 | £1,991,608 |
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 | 0.348 % | £1,131 | £326,131 |
| 3 Month Average | 8.370 % | £27,202 | £352,202 |
| 6 Month Average | -3.534 % | £-11,484 | £313,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £440,000 | £440,000 | 117 SNODHURST AVENUE |
| 4 Jun 2024 | £300,000 | £300,000 | 20 HOOK CLOSE |
| 30 Jan 2023 | £267,715 | £267,000 | 4 HOOK CLOSE |
| 27 Jul 2022 | £383,846 | £380,000 | 1A BRAKE AVENUE |
| 4 Feb 2022 | £291,582 | £276,000 | 43 CONCORD AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Mar 2013.
The average size of a house on HOOK CLOSE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Hook Close |
| Oct 2024 | Anti-social behaviour | On or near Hill View Way | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brake Avenue |
| Jul 2024 | Criminal damage and arson | Offender given a caution | On or near Brake Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brake Avenue |