£621,698
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Aug 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2002 the House Price Index for MEDWAY was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £225,000 results in an estimated price of approximately £621,698.
| 30 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £225,000 | £396,698 | £621,698 |
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 | 182.968 % | £411,678 | £636,678 |
| 3 Month Average | 164.074 % | £369,165 | £594,165 |
| 6 Month Average | 176.755 % | £397,698 | £622,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 122A BREDHURST ROAD |
| 5 Oct 2023 | £511,619 | £499,999 | 180 BREDHURST ROAD |
| 30 Jun 2023 | £535,736 | £525,000 | 26 FOULDS CLOSE |
| 13 Feb 2023 | £147,989 | £147,000 | 194D FAIRVIEW AVENUE |
| 27 Jul 2022 | £808,097 | £800,000 | 97 FAIRVIEW AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Jun 2014. Using an estimated price of £621,699 means this house is valued at £5,865 per sq meter (£544 per sq foot).
The average size of a house on FOULDS CLOSE is 140 sq meters (1,508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Bredhurst Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredhurst Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wigmore Road |
| Sep 2024 | Anti-social behaviour | On or near Wigmore Road | |
| Sep 2024 | Anti-social behaviour | On or near Wigmore Road |