£446,664
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £300,000 | 16 Feb 2015 |
| £215,000 | 29 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 February 2015 the House Price Index for MEDWAY was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £300,000 results in an estimated price of approximately £446,664.
| 16 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £300,000 | £146,664 | £446,664 |
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 | 84.677 % | £254,030 | £554,030 |
| 3 Month Average | 74.106 % | £222,318 | £522,318 |
| 6 Month Average | 61.709 % | £185,127 | £485,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £384,767 | £375,000 | 6 THE GLADE |
| 1 Sep 2023 | £357,889 | £350,000 | 12 THE GLADE |
| 4 Aug 2023 | £357,956 | £351,500 | 21 SHERWOOD AVENUE |
| 6 Jul 2022 | £472,232 | £467,500 | 29 MARLOW COPSE |
| 23 May 2022 | £431,235 | £420,000 | 17 POLHILL DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 30 Jul 2014. Using an estimated price of £446,665 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on SHERWOOD AVENUE is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Glade |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bolner Close |
| Sep 2024 | Anti-social behaviour | On or near Sherwood Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Sherwood Avenue | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Polhill Drive |