£184,752
This estimated value is based upon the latest sale price for the house of £150,000 on 1 Apr 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 1 Apr 2019 |
| £95,000 | 30 Jan 2006 |
| £67,000 | 10 May 2002 |
| £53,000 | 28 Feb 2000 |
| £32,000 | 1 Sep 1995 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 April 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £150,000 results in an estimated price of approximately £184,752.
| 1 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £150,000 | £34,752 | £184,752 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 38.001 % | £57,002 | £207,002 |
| 3 Month Average | 31.287 % | £46,930 | £196,930 |
| 6 Month Average | 21.759 % | £32,639 | £182,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £140,475 | £140,000 | 31 CHART PLACE |
| 19 Dec 2023 | £142,700 | £140,000 | 35 REGENCY CLOSE |
| 3 Nov 2023 | £357,084 | £352,500 | 5 ELEANOR COURT |
| 31 Aug 2023 | £176,071 | £175,000 | 42 REGENCY CLOSE |
| 14 Jul 2023 | £171,623 | £170,000 | 37 REGENCY CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 4 Jul 2018. Using an estimated price of £184,753 means this house is valued at £2,932 per sq meter (£272 per sq foot).
The average size of a house on REGENCY CLOSE is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Regency Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Regency Close |
| Mar 2024 | Anti-social behaviour | On or near Regency Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regency Close |
| Feb 2024 | Anti-social behaviour | On or near Regency Close |