£369,753
This estimated value is based upon the latest sale price for the house of £233,500 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £233,500 | 14 Feb 2014 |
| £186,000 | 29 Sep 2006 |
| £94,000 | 29 Sep 2000 |
| £60,000 | 20 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2014 the House Price Index for MEDWAY was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £233,500 results in an estimated price of approximately £369,753.
| 14 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £233,500 | £136,253 | £369,753 |
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 | 24.601 % | £57,442 | £290,942 |
| 3 Month Average | 44.817 % | £104,646 | £338,146 |
| 6 Month Average | 76.577 % | £178,806 | £412,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £455,828 | £450,000 | 53 ROBIN HOOD LANE |
| 22 Mar 2023 | £388,662 | £385,000 | 17 FOREST DRIVE |
| 6 Jul 2022 | £468,762 | £467,500 | 29 MARLOW COPSE |
| 23 May 2022 | £428,066 | £420,000 | 17 POLHILL DRIVE |
| 3 May 2022 | £332,261 | £326,000 | 9 VALLEY RISE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Sep 2013. Using an estimated price of £369,753 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on POLHILL DRIVE is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bolner Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Friars Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olliffe Close |
| Jan 2024 | Anti-social behaviour | On or near The Glade |