£291,485
This estimated value is based upon the latest sale price for the house of £255,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£255,000 | 11 Dec 2020 |
£140,000 | 10 Mar 2011 |
Terraced |
Freehold |
Floor Area: 45 sq meters or 487 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £255,000 results in an estimated price of approximately £291,485.
11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £255,000 | £36,485 | £291,485 |
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 | 40.853 % | £104,175 | £359,175 |
3 Month Average | -6.965 % | £-17,759 | £237,240 |
6 Month Average | 11.067 % | £28,219 | £283,219 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £292,371 | £290,000 | 38 CONIFER DRIVE |
27 Jun 2022 | £299,031 | £296,000 | 64 ARUNDEL CLOSE |
20 May 2022 | £329,904 | £325,000 | 2 ARUNDEL CLOSE |
14 Sep 2021 | £241,479 | £225,000 | 78A CLANDON ROAD |
23 Jun 2021 | £309,892 | £290,000 | 40 ARUNDEL CLOSE |
This house has a floor area of 45 sq meters or 487 sq feet when measured on 7 Oct 2010. Using an estimated price of £291,485 means this house is valued at £6,433 per sq meter (£597 per sq foot).
The average size of a house on ARUNDEL CLOSE is 82 sq meters (890 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (487 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arundel Close |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Iona Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conifer Drive |
Apr 2024 | Public order | Awaiting court outcome | On or near Larch Wood Close |
Apr 2024 | Anti-social behaviour | On or near Yew Tree Close |